Scrip Dividend Declaration

RNS Number : 7935M

The MedicX Fund Limited

20 September 2012

 



For immediate release

20 September 2012

MedicX Fund Limited

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

Scrip Dividend Declaration

MedicX Fund (LSE: MXF) announces that, pursuant to its scrip dividend scheme (the "Scrip Dividend Alternative"), 553,503 ordinary shares of no par value in the Company ("Shares") will be sold out of treasury by the Company on 28 September 2012 to shareholders who elected to participate in the Scrip Dividend Alternative.  Electing shareholders will receive the Shares in lieu of receiving cash for the September 2012 interim dividend in respect of the quarter ended 30 June 2012.

Elections pursuant to the Scrip Dividend Alternative were received in respect of 11.6 per cent. of the ordinary shares in issue as at the record date of 17 August 2012.  The Shares will rank pari passu with the existing ordinary shares.

Following the transaction, the Company will have 263,645,780 ordinary shares in issue, of which 3,226,061 will be held in treasury.  Accordingly the total voting rights in issue will be 260,419,719.

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).

End

For further information please contact:

MedicX Group                                                                [phone]

Keith Maddin, Chairman

Mike Adams, Chief Executive Officer

Mark Osmond, Chief Financial Officer

MedicX Fund                                                                  [phone]

David Staples, Chairman

Canaccord Genuity Limited                                              [phone]

Andrew Zychowski/Helen Goldsmith

Buchanan                                                                      [phone]

Charles Ryland/Gabriella Clinkard

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 107 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 30 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. 

 

END

 

 

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