Sub-division of Shares

RNS Number : 6005I

Aberdeen New Dawn Invest Trust PLC

04 July 2013

 



4/7/13

ABERDEEN NEW DAWN INVESTMENT TRUST PLC ("the Company")

Further to the annual financial report announcement released on Monday 24 June 2013, the Company confirms that the timetable for reinvesting dividends through [the Company's dividend reinvestment plan ("DRIP") and the proposed sub-division of each existing Ordinary share of 25p ("Existing Ordinary share") into five Ordinary shares of 5p each ("New Ordinary shares") are as follows:

2 August 2013 - Last day for election for DRIP

2 August 2013 - Dividend Record Date

21 August 2013 - Annual General Meeting

23 August 2013 - Dividend payment date including DRIP share purchase

30 August 2013 - Credit DRIP shares purchased to shareholder accounts

2 September 2013 - Share Split Record Date

3 September 2013 - Effective Date, admission and dealings commence in New Ordinary shares. Credit CREST stock accounts with New Ordinary shares

10 September 2013 - Post New Ordinary share certificates

The sub-division is conditional on resolution 12 set out in the notice convening the Annual General Meeting for 21 August 2013 being passed.  If that resolution is passed, the last day of trading on the London Stock Exchange in the Existing Ordinary shares is expected to be 2 September 2013 and the New Ordinary shares will be admitted to trading on the London Stock Exchange with ISIN: GB00BBM56V29 and SEDOL: BBM56V2 with effect from 3 September 2013.  The ticker for the New Ordinary Shares will be the same as the ticker for the Existing Ordinary shares (i.e. ABD).

 

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