Allotment of shares to investment adviser

RNS Number : 8861U

The MedicX Fund Limited

03 January 2012

 



For immediate release                                                                                                    3 January 2012

MedicX Fund Limited

("MedicX Fund", "the Fund" or "the Company")

Allotment of scrip shares to Investment Adviser

MedicX Adviser Ltd (the Company's Investment Adviser) elected to participate in the Company's scrip dividend scheme in respect of the December 2011 interim dividend for the quarter ended 30 September 2011, and accordingly was allotted 12,334 new ordinary shares of no par value in the Company (the "Shares").  These shares were issued using the previously advised scrip calculation price of 74.60 pence per share.

The issue of these shares brings MedicX Adviser Ltd's total holding in the Company to 681,559 shares, representing 0.352% of the total shares on issue.  The Shares were admitted to the Official List of the FSA and to trading on the Main Market of the London Stock Exchange on 30 December 2011 and rank pari passu with the Company's existing ordinary shares.

Copies of the documents relating to the Scrip Dividend Alternative are available for inspection through the National Storage Mechanism (http://www.hemscott.com/nsm.do).

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For further information please contact:

MedicX Group                                                                 [phone]

Keith Maddin, Chairman

Mike Adams, Chief Executive Officer

Mark Osmond, Chief Financial Officer

Collins Stewart Europe Limited                                          [phone]

Andrew Zychowski/Helen Goldsmith

Buchanan Communications                                              [phone]

Charles Ryland/Suzanne Brocks

MedicX Fund Limited                                                       [phone]

David Staples, Chairman

Information on MedicX Fund Limited

MedicX Fund Limited ("MXF", the "Fund" or the "Company", or together with its subsidiaries, the "Group") is the specialist primary care infrastructure investor in modern, purpose-built primary healthcare properties in the United Kingdom, listed on the London Stock Exchange, with a portfolio comprising 65 properties.

 The Investment Adviser to the Company is MedicX Adviser Ltd, which is authorised and regulated by the Financial Services Authority and is a subsidiary of the MedicX Group. The MedicX Group is a specialist investor, developer and manager of healthcare properties with 26 people operating across the UK.  

 The Company's website address is www.medicxfund.com.  Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website), nor the contents of any website accessible from hyperlinks within this announcement, are incorporated into, or forms part of, this announcement.

 

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