Henderson Intl. Income Trust PLC Dividend Declaration and C Share Conversion (8108W)

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RNS Number : 8108W

Henderson Intl. Income Trust PLC

02 January 2014

HENDERSON INTERNATIONAL INCOME TRUST PLC

HENDERSON GLOBAL INVESTORS

2 January 2014

HENDERSON INTERNATIONAL INCOME TRUST PLC (the "Company")

First Interim Dividend for the year ending 31 August 2014, C Share Calculation and Conversion Dates

The Company has declared a first interim dividend of 1.05p per Ordinary Share in respect of the financial year ending 31 August 2014 payable on 31 January 2014 to Ordinary Shareholders on the register on 10 January 2014. The Company's shares Ordinary Shares will go ex-dividend on 8 January 2014.

In addition, pursuant to the prospectus issued by the Company on 23 October 2013 setting out the terms of a placing and offer for subscription of C Shares, the Directors have received notification from Henderson Global Investors Limited that in excess of 90% of the assets attributable to the C Share pool have been invested in accordance with the Company's investment policy and the other conditions for conversion have been met.

Accordingly, in accordance with the terms of the C Share issue, the Directors have determined that the Calculation Date for the conversion of C Shares into Ordinary Shares will be 14 January 2013 and, as a result, Conversion will be made on the basis of the respective net asset values of the C Shares and Ordinary Shares as at close of business on 14 January 2013.

The expected timetable for Conversion is, therefore, as follows:

 
 Calculation Date                                                       14 January 2014 
 Conversion Ratio announced                                             16 January 2014 
 Record date for Conversion and C Share register                5.00 p.m. on 21 January 
  closes                                                                           2014 
 Dealings in new Ordinary shares commence                       8.00 a.m. on 22 January 
                                                                                   2014 
 CREST accounts credited with New Shares in uncertificated              22 January 2014 
  form 
 Share certificates in respect of New Shares                 Week commencing 27 January 
  in certificated form dispatched                                                  2014 
 

Further details regarding the Conversion Ratio and the Conversion process are set out in the Company's prospectus dated 23 October 2013 (terms defined in that prospectus have the same meanings when used in this announcement).

   -     ENDS - 

For further information, please contact:

 
 Ben Lofthouse               Sarah Gibbons-Cook            James de Sausmarez 
  Fund Manager                Investor Relations and        Director, Head of Investment 
  Henderson International     PR Manager,                   Trusts 
  Income Trust PLC            Henderson Global Investors    Henderson Global Investors 
  Telephone: [phone]    Telephone: [phone]      Telephone: [phone] 
                                                            3349 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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