The MedicX Fund Limited Allotment of scrip shares and total voting rights (4870C)

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RNS Number : 4870C

The MedicX Fund Limited

01 October 2018

1 October 2018

MedicX Fund Limited

("MedicX", the "Fund" or the "Company")

Allotment of scrip shares to Directors

and Investment Adviser and total voting rights

Members of the Company's Board of Directors elected to participate in the Company's scrip dividend scheme in respect of the September 2018 dividend for the quarter ended 30 June 2018, and accordingly acquired ordinary shares of no par value in the Company (the "Shares") as disclosed in the table below.

 
                  Shares Acquired   Total Shares   Percentage 
                                            Held      Holding 
 Steve Le Page              1,013         60,964       0.014% 
 John Hearle                  568         46,098       0.010% 
 

The Directors detailed above, who elected to participate in the Company's scrip dividend scheme, did so under an election mandate which remains in place until revoked.

Octopus Healthcare Adviser Ltd (the Company's Investment Adviser) also elected to participate in the Company's scrip dividend scheme in respect of the September 2018 dividend for the quarter ended 30 June 2018, and accordingly was allotted 45,495 Shares.

The Shares were sold out of treasury at the previously advised scrip calculation price of 80.36 pence per share.

The acquisition of the Shares brings Octopus Healthcare Adviser Ltd's total holding in the Company to 2,466,723 shares, representing 0.56% of the Company's total voting rights.

All above Shares were acquired on 28 September 2018 and rank pari passu with the Company's existing ordinary shares.

In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of ordinary shares of the Company in issue as at 28 September 2018 was 442,916,140 (excluding treasury shares) with each share holding one voting right.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.

The Company also holds 2,786,259 ordinary shares in treasury and has 5,071,668 ordinary shares of no par value remaining under its block listing facility.

Copies of the documents relating to the Scrip Dividend Alternative are available for inspection through the National Storage Mechanism (http://www.morningstar.co.uk/uk/NSM).

For further information please contact:

 
 Octopus Healthcare Adviser 
  Limited                      [phone] 
 
 Octopus Healthcare Group       [phone] 
                              ---------------------- 
 Mike Adams Executive Chairman 
 
 
 Maitland/AMO    [phone] 
 Andy Donald/Freddie Barber 
 

Information on MedicX Fund Limited

MedicX Fund Limited ("MedicX", the "Fund" or the "Company", or together with its subsidiaries, the "Group") is the specialist primary care infrastructure investor in modern, purpose-built primary healthcare properties in the United Kingdom, listed on the London Stock Exchange, with a portfolio comprising 166 properties.

The Investment Adviser to the Company is Octopus Healthcare Adviser Ltd, which is part of the Octopus Healthcare group. Octopus Healthcare invests in and develops properties as well as creating partnerships to deliver innovative healthcare buildings to improve the health, wealth and wellbeing of the UK. It currently manages over GBP1.4 billion of healthcare investments across a number of platforms, with a focus on five core areas: GP surgeries, care homes, special education schools, retirement housing and private hospitals. Octopus Healthcare is part of the Octopus group, a fast-growing UK fund management business with leading positions in several specialist sectors including healthcare property, energy, property finance and smaller company investing. Octopus manages GBP8.0 billion of funds for more than 50,000 retail and institutional investors, as well as supplying energy to more than 320,000 customers.

Octopus Healthcare Adviser Ltd is authorised and regulated by the Financial Conduct Authority.

The Company's website address is www.medicxfund.com. Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website), nor the contents of any website accessible from hyperlinks within this announcement, are incorporated into, or forms part of, this announcement.

The Company's Legal Entity Identifier is 2138008POF35FTNFCB25.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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October 01, 2018 04:00 ET (08:00 GMT)