Dividend Declaration

RNS Number : 3350K

F&C Managed Portfolio Trust PLC

17 December 2008

 



To:            RNS

From:        F&C Managed Portfolio Trust plc

Date:        17 December 2008

Second Interim Dividend

F&C Managed Portfolio Trust plc announces a second interim dividend in respect of the quarter to 30 November 2008 of 1.0 pence per Income share. This dividend is payable on 9 January 2009 to shareholders on the register on 30 December 2008, having an ex-dividend date of 24 December 2008.

The dividend of 1.0 pence per Income share represents 0.8 pence of net income generated on the Income Portfolio and 0.2 pence in respect of the transfer to the Income Portfolio of net income generated on the Growth Portfolio, as provided for under the Company's innovative capital structure. The first interim dividend in respect of the four and a half month period from Admission on 16 April 2008 to 31 August 2008 of 1.5 pence per Income share was paid on 9 October 2008.

This dividend is in line with the expectations set out in the Launch Prospectus issued by the Company in February 2008. The Prospectus stated, that in the absence of unforeseen circumstances, and based on the assumptions included therein, it was expected that the Company will pay four quarterly interim dividends in respect of the period from Admission on 16 April 2008 to 31 May 2009 totalling 4.9 pence per Income share.  

For further information please contact:

Peter Hewitt, F&C Investment Business Limited              0131 718 1244

Ian Ridge, F&C Investment Business Limited                   0131 718 1010

 

END

 

 

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