Dividend Declaration and C Share Conversion

RNS Number : 8108W

Henderson Intl. Income Trust PLC

02 January 2014

 



HENDERSON INTERNATIONAL INCOME TRUST PLC

HENDERSON GLOBAL INVESTORS

2 January 2014

HENDERSON INTERNATIONAL INCOME TRUST PLC (the "Company")

First Interim Dividend for the year ending 31 August 2014, C Share Calculation and Conversion Dates

The Company has declared a first interim dividend of 1.05p per Ordinary Share in respect of the financial year ending 31 August 2014 payable on 31 January 2014 to Ordinary Shareholders on the register on 10 January 2014. The Company's shares Ordinary Shares will go ex-dividend on 8 January 2014.

In addition, pursuant to the prospectus issued by the Company on 23 October 2013 setting out the terms of a placing and offer for subscription of C Shares, the Directors have received notification from Henderson Global Investors Limited that in excess of 90% of the assets attributable to the C Share pool have been invested in accordance with the Company's investment policy and the other conditions for conversion have been met.

Accordingly, in accordance with the terms of the C Share issue, the Directors have determined that the Calculation Date for the conversion of C Shares into Ordinary Shares will be 14 January 2013 and, as a result, Conversion will be made on the basis of the respective net asset values of the C Shares and Ordinary Shares as at close of business on 14 January 2013.

The expected timetable for Conversion is, therefore, as follows:

Calculation Date	14 January 2014
Conversion Ratio announced	16 January 2014
Record date for Conversion and C Share register closes	5.00 p.m. on 21 January 2014
Dealings in new Ordinary shares commence	8.00 a.m. on 22 January 2014
CREST accounts credited with New Shares in uncertificated form	22 January 2014
Share certificates in respect of New Shares in certificated form dispatched	Week commencing 27 January 2014

Further details regarding the Conversion Ratio and the Conversion process are set out in the Company's prospectus dated 23 October 2013 (terms defined in that prospectus have the same meanings when used in this announcement).

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For further information, please contact:

Ben Lofthouse Fund Manager Henderson International Income Trust PLC Telephone: [phone]

Sarah Gibbons-Cook Investor Relations and PR Manager, Henderson Global Investors Telephone: [phone]

James de Sausmarez Director, Head of Investment Trusts Henderson Global Investors Telephone: [phone]

 

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