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TFGS Tetragon Financial Group Limited

765.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tetragon Financial Group Limited LSE:TFGS London Ordinary Share GG00B1RMC548 ORD USD0.001 (GBP)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 765.00 760.00 770.00 765.00 765.00 765.00 0.00 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 240.7M 141.1M 1.6163 6.11 862.52M

Tetragon Financial Group Ltd Dividend Declaration

30/10/2020 7:06am

UK Regulatory


 
TIDMTFG 
 
Tetragon Financial Group Limited Announcement of Dividend and Intention to 
                             Conduct Tender Offer 
 
LONDON, Oct. 30, 2020 /PRNewswire/ -- 
 
Dividend Announcement: 
On 27 October 2020, the Board of Directors of Tetragon declared a dividend of 
U.S.$ 0.10 (10.00 cents) per share in respect of the third quarter of 2020. The 
ex-dividend date is 2 November 2020. The record date is 3 November 2020. 
Payment of the dividend will take place from 26 November 2020. 
 
Tetragon's website ( www.tetragoninv.com) includes information on Tetragon's 
Optional Stock Dividend Plan for those shareholders electing to receive 
dividends in the form of Tetragon shares. Shareholders may elect to receive 
dividends in the form of Tetragon shares by making a dividend share election up 
to 13 November 2020. If no election is made, the dividend will be paid in cash 
from 26 November 2020. 
 
Cash dividends may be received in Sterling by those shareholders making a 
dividend currency election up to 13 November 2020. If no election is made, the 
dividend will be paid in U.S. dollars from 26 November 2020. 
 
Intention to Conduct a Tender Offer: 
Tetragon intends to conduct a tender offer for a number of Tetragon non-voting 
shares with a maximum value of up to U.S.$25 million, to be held as treasury 
shares. J.P. Morgan Securities plc (which conducts its U.K. investment banking 
business as J.P. Morgan Cazenove) will act as dealer manager in the tender 
offer, which will use a modified Dutch auction structure. Details of this 
planned tender offer will be announced shortly. A repurchase of Tetragon shares 
at a price below NAV will be accretive to its fully diluted NAV per share. 
 
About Tetragon: 
Tetragon is a closed-ended investment company that invests in a broad range of 
assets, including public and private equities and credit (including distressed 
securities and structured credit), convertible bonds, real estate, venture 
capital, infrastructure, bank loans and TFG Asset Management, a diversified 
alternative asset management business. Where appropriate, through TFG Asset 
Management, Tetragon seeks to own all, or a portion, of asset management 
companies with which it invests in order to enhance the returns achieved on its 
capital. Tetragon's investment objective is to generate distributable income 
and capital appreciation. It aims to provide stable returns to investors across 
various credit, equity, interest rate, inflation and real estate cycles. The 
company is traded on Euronext in Amsterdam N.V. and on the Specialist Fund 
Segment of the main market of the London Stock Exchange. For more information 
please visit the company's website at www.tetragoninv.com. 
 
Tetragon:          Press Inquiries: 
Yuko Thomas        Prosek Partners 
Investor Relations Pro-tetragon@prosek.com 
ir@tetragoninv.com United States                         United Kingdom 
                   Andy Merrill and Ryan Fitzgibbon      Harriet Sloane 
                   +1 212 279 3115 ext. 216 and ext. 234 +44 7771 810 803 
 
This release contains inside information within the meaning of Article 7(1) of 
the EU Market Abuse Regulation. 
 
This release does not contain or constitute an offer to sell or a solicitation 
of an offer to purchase securities in the United States or any other 
jurisdiction. The securities of Tetragon have not been and will not be 
registered under the U.S. Securities Act of 1933 and may not be offered or sold 
in the United States or to U.S. persons unless they are registered under 
applicable law or exempt from registration. Tetragon does not intend to 
register any portion of its securities in the United States or to conduct a 
public offer of securities in the United States. In addition, Tetragon has not 
been and will not be registered under the U.S. Investment Company Act of 1940, 
and investors will not be entitled to the benefits of such Act. Tetragon is 
registered in the public register of the Netherlands Authority for the 
Financial Markets under Section 1:107 of the Financial Markets Supervision Act 
as a collective investment scheme from a designated country. 
 
 
 
END 
 

(END) Dow Jones Newswires

October 30, 2020 03:06 ET (07:06 GMT)

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