Understanding the DRIS Issue Price of Hargreave Hale AIM VCT
Insight into the DRIS Issue Price
Hargreave Hale AIM VCT PLC is pleased to share important news regarding its Dividend Re-investment Scheme (DRIS). This initiative allows shareholders to reinvest their dividends into new ordinary shares, thus enhancing their investment in a growing company.
Establishing the DRIS Issue Price
The reference price for a new Ordinary Share linked to the DRIS is set at 37.54p. This figure represents the last published ex-dividend Net Asset Value (NAV) per Ordinary Share, confirmed at the close of business on the last day of January this year. This pricing forms a crucial part of our strategy to reward and engage with our shareholders effectively.
Details of the Special Dividends
As part of the DRIS initiative, special dividends were announced recently. These dividends, aimed at enhancing shareholder value, are an integral part of our ongoing commitment to our investors. The payout date for these dividends, along with the allotment date for issuing new Ordinary Shares, has been scheduled for mid-February, with further market dealings expected by late February.
Accessing the DRIS Mandate
For those interested in more in-depth information surrounding the Dividend Re-investment Scheme, the full DRIS Mandate is accessible via the company's official website. This document provides comprehensive guidelines for shareholders regarding their options under the scheme.
Implications for Shareholders
The DRIS not only allows shareholders to maintain or increase their investment stake but also serves as a testament to the company's growth outlook. Hargreave Hale AIM VCT aims to foster a nurturing environment for its investors, facilitating easier methods for reinvesting dividends and supporting long-term shareholder growth.
Key Dates to Remember
Shareholders should keep in mind critical dates associated with the DRIS and the resulting dividends. The payment date for the upcoming dividends and the corresponding issuance of new shares are scheduled closely, highlighting the company’s efficient processes in managing shareholder benefits.
Contact for More Information
For any inquiries or more information regarding the Hargreave Hale AIM VCT's DRIS, shareholders can reach out to the company's representatives. JTC (UK) Limited handles inquiries and they are readily available to provide assistance. For contact details, shareholders can refer to the information previously shared in the communications.
Frequently Asked Questions
What is the DRIS Issue Price for Hargreave Hale AIM VCT?
The DRIS Issue Price has been set at 37.54p per new Ordinary Share.
When will the new Ordinary Shares be allotted?
The allotment of the new Ordinary Shares is scheduled for the 14th of February.
Where can I find the DRIS Mandate?
The DRIS Mandate is accessible on the Hargreave Hale AIM VCT's official website and the National Storage Mechanism website.
What are the implications of the special dividends for shareholders?
The special dividends offer shareholders an opportunity to increase their investment in the company, reinforcing long-term growth.
Who can I contact for more information regarding the dividend scheme?
Investors can contact JTC (UK) Limited for any inquiries related to the DRIS or share issues.
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