Notice of dividend and notifi

RNS Number : 3157L

The MedicX Fund Limited

05 May 2010

 



For immediate release                                                                                                         5 May 2010

MedicX Fund Limited

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

Notice of dividend and notification of results

The Directors have approved a quarterly dividend of 1.35p per ordinary share in respect of the period 1 January 2010 to 31 March 2010.  The dividend will be paid on 30 June 2010 to ordinary shareholders on the register as at close of business 14 May 2010 (the "Record Date").  The corresponding ex-dividend date will be 12 May 2010.  The Directors expect, subject to unforeseen circumstances, to pay dividends totalling 5.4p per Ordinary Share in respect of the financial year ending 30 September 2010.  

The Company is offering such shareholders the opportunity to take new ordinary shares in the Company, credited as fully paid, in lieu of the cash dividend to be paid on 30 June 2010, by participating in a Scrip Dividend Scheme (the "Scheme").    

It is expected that the terms and conditions of the Scheme, including information as to the action shareholders should take if they wish to participate in the Scheme, along with election forms, will be circulated to shareholders on 17 May 2010.  The option to participate in the Scheme will be available to shareholders until 4 June 2010 (the "election date").  The Scheme documents will also be made available to shareholders on the MedicX Fund website.

The Company (LSE: MXF), will announce its interim period results on Wednesday, 25 May 2010.

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For further information please contact:

MedicX Fund                                                                  [phone]

David Staples, Chairman

MedicX Group                                                                [phone]

Keith Maddin, Chairman

Mike Adams, Chief Executive Officer

Mark Osmond, Chief Financial Officer

Buchanan Communications                                              [phone]

Charles Ryland/Lisa Baderoon/Jennie Spivey

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 51 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 34 people operating across the UK.  

The Company's website address is www.medicxfund.com 

 

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