REG - Pollen Street PLC - Dividend Declaration

Pollen StreetAnnouncement

22/11/2023 12:45

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RNS Number : 3543U  Pollen Street PLC  22 November 2023

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UNLAWFUL

Pollen Street plc (the "Company")

DIVIDEND DECLARATION

The Directors of Pollen Street plc have declared an interim dividend of 16.00
pence per eligible ordinary share (as set out below) for the three-month
period to 30 September 2023.

The dividend will be paid on 29 December 2023 to holders of ordinary shares on
the register as of 1 December 2023. Former shareholders of Pollen Street
Capital Holdings Limited ("PSCHL"), who received ordinary shares as
consideration for the Company's completed acquisition of PSCHL (the
"Combination"), have waived ordinary dividends payable to them in both 2022
and 2023 on approximately 50.0 per cent. of such consideration shares,
pursuant to the terms of the Combination. As a result, the interim dividend
will be paid on 49,473,264 ordinary shares. Further information is available
in the prospectus dated 26 September 2022, which is available on the Company's
website. The ex-dividend date is 30 November 2023.

The Company has elected to designate all the interim dividend for the period,
as an interest distribution to its shareholders. In doing so, the Company is
taking advantage of UK tax treatment by "streaming" income from
interest-bearing investments into dividends that will be taxed in the hands of
shareholders as interest income.

Investors who wish to join the Dividend Reinvestment Plan should complete the
Company form which can be found on the Registrar's website
http://www.computershare.com/uk/individuals/im-a-shareholder/dividend-reinvestment-plan
or telephone 0370 707 1694.

The last date for receipt for elections for the Dividend Reinvestment Plan is
6 December 2023.

For further information about this announcement please contact:

Computershare Investor Services PLC

Registrar

Tel: +44 (0) 370 707 4023

22 November 2023

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