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RNS Number : 2749V Amati AIM VCT PLC 30 November 2023
Amati AIM VCT plc (the "Company")
Legal Entity Identifier: 213800HAEDBBK9RWCD25
Dividend Declaration
The Directors of the Company have declared the payment of a second interim
dividend of 2.5 pence per ordinary share for the financial year ending 31
January 2024.
Challenging market conditions have resulted in fewer fund raises on AIM this
year. This, combined with increased difficulty for companies seeking
approval to raise VCT/EIS funding, has meant we have seen a reduction in
suitable qualifying investment opportunities for the Company with only £3.7m
so far invested in the second half. For this reason and having disposed of a
number of qualifying holdings over the last 18 months the Board is choosing to
accelerate the timing of dividend payments this year via the declaration of a
second interim dividend.
The dividend will be paid on 12 January 2024 to shareholders on the register
at the close of business on 8 December 2023. The ex-dividend date will be 7
December 2023. The last day for DRIS elections will be 27 December 2023.
For further information, please contact the investor line at Amati Global
Investors on 0131 503 9115 or by email at info@amatiglobal.com.
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