Scrip Share Reference Price

RNS Number : 6641A

Sequoia Economic Infra Inc Fd Ld

03 February 2022

 

3 February 2022

Sequoia Economic Infrastructure Income Fund Limited 

(the "Company")

Scrip Share Reference Price

The reference price of a new Ordinary Share under the Company's scrip dividend alternative for the third quarterly interim dividend for the financial period ending 31 December 2021 (the "Q3 Dividend") has been set at 102.88p. This is the average of the middle market prices of the Company's Ordinary Shares derived from the London Stock Exchange Daily Official List for the ex-dividend date and the four subsequent dealing days.

Further information regarding the scrip dividend offered in respect of the Q3 Dividend and the scrip dividend scheme can be found in the Scrip Dividend Circular (the "Scrip Circular") available on the Company's website to view and/or download at http://www.seqifund.com. The Scrip Circular is also available on the National Storage Mechanism website at  

https://data.fca.org.uk/#/nsm/nationalstoragemechanism. Copies of the Scrip Circular are also available for inspection at Sarnia House, Le Truchot, St Peter Port, Guernsey.

If no elections for the scrip dividend alternative are received, the total cash dividend payable by the Company would be £27,615,585.

If all eligible Shareholders elected, under the scrip dividend alternative, to receive the Q3 Dividend in the form of new shares in the capital of the Company ("Ordinary Shares") rather than in cash in respect of their entire holdings, 26,842,520 Ordinary Shares would be issued (ignoring any reduction in respect of fractions), representing approximately 1.52% of the issued Ordinary Share capital of the Company as at today's date.

The Q3 Dividend payment date and the date for admission and dealing of the new Ordinary Shares to be issued pursuant to the Scrip Dividend Alternative is expected to be 4 March 2022.

For further information please contact:

Sequoia Investment Management Company Steve Cook Dolf Kohnhorst Randall Sandstrom Greg Taylor Anurag Gupta	[phone]
Jefferies International Limited (Corporate Broker & Financial Adviser) Neil Winward Gaudi Le Roux	[phone]
Tulchan Communications (Financial PR) Martin Pengelley Elizabeth Snow Deborah Roney	[phone]
Sanne Fund Services (Guernsey) Limited (Company Secretary) Matt Falla Katrina Rowe	[phone]

About Sequoia Economic Infrastructure Income Fund Limited

The Company seeks to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments. The Company is advised by Sequoia Investment Management Company Limited.

LEI: 2138006OW12FQHJ6PX91

 

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