Dividend Declaration

RNS Number : 4266D

F&C Managed Portfolio Trust PLC.

15 September 2008

 



To:            RNS

From:        F&C Managed Portfolio Trust plc

Date:        15 September 2008

First Interim Dividend

F&C Managed Portfolio Trust plc announces a first interim dividend in respect of the period from Admission on 16 April 2008 to 31 August 2008 of 1.5 pence per Income share. This dividend is payable on 9 October 2008 to shareholders on the register on 26 September 2008, having an ex-dividend date of 24 September 2008.

The dividend of 1.5 pence per Income share represents 1.4 pence of net income generated on the Income Portfolio and 0.1 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.

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 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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