Allotment of scrip shares to Investment Adviser

RNS Number : 0289T

The MedicX Fund Limited

01 October 2014

 



Press Release

For immediate release                                                                                                  1 October 2014

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 September 2014 interim dividend for the quarter ended 30 June 2014, and accordingly was allotted 33,264 ordinary shares of no par value in the Company (the "Shares").  The Shares were sold out of treasury at the previously advised scrip calculation price of 83.15 pence per share.

The acquisition of the Shares brings MedicX Adviser Ltd's total holding in the Company to 1,940,822 shares, representing 0.549% of the Company's total voting rights.  The Shares were acquired on 30 September 2014 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.morningstar.co.uk/uk/NSM).

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For further information please contact:

MedicX Fund                                                                  [phone]

David Staples, Chairman

MedicX Group                                                                [phone]

Mike Adams, Chief Executive Officer

Mark Osmond, Chief Financial Officer

Canaccord Genuity Limited                                                 [phone]

Andrew Zychowski/Helen Goldsmith

Buchanan Communications                                              [phone]

Charles Ryland/Sophie McNulty

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 136 properties.

 The Investment Adviser to the Company is MedicX Adviser Ltd, which is authorised and regulated by the Financial Conduct 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.

 

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