Dividend Declaration

RNS Number : 7527R

Intl. Biotechnology Trust PLC

13 December 2016

 

International Biotechnology Trust plc (the Company)

Dividend Declaration 

The Company announced on 9 September 2016 the introduction of an annual dividend, equivalent to 4 per cent. of the Company's Net Asset Value as at the last day of the preceding financial year (31 August), to be payable through two equal distributions in January and August of each year.  Shareholders approved this proposal at a General Meeting held on 29 September 2016.  

In accordance with this policy, the Directors have today declared an Interim Dividend for the period ended 31 August 2016 in an amount of 11.5p per Ordinary Share. 

The Interim Dividend will be payable on Tuesday, 31 January 2017 to holders of Ordinary Shares on the Register at the close of business on Friday, 6 January 2017 (ex-dividend Thursday, 5 January 2017).

BNP Paribas Secretarial Services Limited

Company Secretary

Tel: [phone]

13 DECEMBER, 2016

 

END

 

 

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