REG - GCP Infra Inv Ltd - Dividend Declaration

GCP Infrastructure InvestmentsAnnouncement

02/11/2023 07:16

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RNS Number : 1004S  GCP Infrastructure Investments Ltd  02 November 2023

GCP Infrastructure Investments Limited

("GCP Infra" or the "Company")

LEI: 213800W64MNATSIV5Z47

 

Dividend Declaration

2 November 2023

GCP Infra is pleased to announce a dividend of 1.75 pence per ordinary share,
for the period from 1 July 2023 to 30 September 2023. The dividend will be
paid on 5 December 2023 to holders of ordinary shares recorded on the register
as at the close of business on 10 November 2023.

Scrip dividend suspension

The Board, in its discretion, has determined that the offer of a scrip
dividend will remain suspended for the period from 1 July 2023 to 30 September
2023. The suspension is as a result of the discount between the likely scrip
dividend reference price of the shares and the current net asset value per
share of the Company. The Board will keep the payment of future scrip
dividends under review.

Expected timetable:

   Shares quoted ex-dividend    9 November 2023
   Record date for dividend     10 November 2023
   Dividend payment date        5 December 2023

 

For further information please contact:

 

 Gravis Capital Management Limited  +44 (0)20 3405 8500

 Philip Kent

 Ed Simpson

 Max Gilbert

 RBC Capital Markets                +44 (0)20 7653 4000

 Matthew Coakes

 Elizabeth Evans

 Stifel Nicolaus Europe Limited     +44 (0)20 7710 7600

 Edward Gibson-Watt

 Jonathan Wilkes-Green

 Buchanan/Quill                     +44 (0)20 7466 5000

 Helen Tarbet

 Sarah Gibbons-Cook

 Henry Wilson

 

Notes to the Editor

 

About GCP Infra

GCP Infra is a closed-ended investment company and FTSE-250 constituent whose
shares are traded on the main market of the London Stock Exchange. Its
objective is to provide shareholders with regular, sustained, long-term
distributions and to preserve capital over the long term by generating
exposure to UK infrastructure debt and related and/or similar assets.

 

The Company primarily targets investments in infrastructure projects with long
term, public sector-backed, availability-based revenues. Where possible,
investments are structured to benefit from partial inflation protection. GCP
Infra is advised by Gravis Capital Management Limited.

 

GCP Infra has been awarded with the London Stock Exchange's Green Economy Mark
in recognition of its contribution to positive environmental outcomes.

 

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