Northern Inv. Co PLC Miscellaneous: Update On Return Of Capital

 
TIDMNRI 
 
 
   27 JANUARY 2017 
 
   NORTHERN INVESTORS COMPANY PLC 
 
   UPDATE ON RETURN OF CAPITAL 
 
   The Company confirms that, in accordance with the Return of Capital 
approved by Shareholders on 19 January 2017, details of which were set 
out in a Circular to Shareholders published on 21 December 2016, the B 
shares to which Shareholders became entitled have now been issued and, 
shortly afterwards, redeemed. 
 
   Shareholders became entitled to receive 5 B Shares for each Ordinary 
Share held by them on the Return of Capital Record Date by way of a 
bonus issue.  The B Shares were redeemed on 24 January 2017 in 
accordance with their terms at a price of 50 pence per B Share, 
equivalent to a return of capital of 250 pence per Ordinary Share. 
Settlement will take place on 31 January 2017 into CREST or by cheque. 
Shareholders will also receive a B Share dividend equivalent to 
approximately 0.1 pence per Ordinary Share, payable on 3 February 2017 
to mandated bank accounts or by cheque. 
 
   Enquiries: 
 
   Northern Investors Company PLC 
 
   Nigel Guy/Christopher Mellor 
0191 244 6000 
 
   Stifel Nicolaus Europe Limited 
 
   Neil Winward/Mark Bloomfield/Gaudi Le Roux                 020 7710 7600 
 
   Website:  www.nvm.co.uk 
 
   Neither the contents of the NVM Private Equity LLP website nor the 
contents of any website accessible from hyperlinks on the NVM Private 
Equity LLP website (or any other website) is incorporated into, or forms 
part of, this announcement. 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Northern Investors Co PLC via Globenewswire 
 
 
  http://www.nvm.co.uk/investorarea/northern_investors_company_plc.php 
 

(END) Dow Jones Newswires

January 27, 2017 05:00 ET (10:00 GMT)

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