Volta Finance Limited Announces Exciting Dividend News

Volta Finance Limited Shares Dividend Announcement

Volta Finance Limited (VTA/VTAS) has officially declared a quarterly interim dividend of €0.145 per share. This announcement is significant as it translates into approximately €5.30 million in total, representing an annualized return of about 8% based on net asset value. The ex-dividend date will be shortly after the declaration, giving shareholders a clear timeline to anticipate their returns.

Shareholders Can Choose Their Preferred Currency

What’s particularly appealing about this dividend declaration is the flexibility offered to shareholders. They have the option to receive their dividends in either Euros or Pounds Sterling. By default, dividends will be processed in Euros, unless shareholders take the initiative to inform Computershare Investor Services (Guernsey) Limited, the Company’s Registrar. This election can be made electronically through CREST or by submitting a Currency Election Form, which is readily available on their website.

Important Dates for Dividend Distribution

To ensure that all investors are aware, the deadline for submitting any currency elections is noon on 30 September; after this date, the default currency will be Euros. Hence, it's crucial for shareholders to act promptly in order to specify their preferences and secure their earnings accordingly.

Dedicated Contacts for Shareholder Inquiries

Shareholders who have questions or require assistance regarding the dividend process can reach out to the contacts provided in the announcement. For instance, François Touati at AXA Investment Managers Paris is available at +33 (0) 1 44 45 80 22, and he can help with any investment queries. Additionally, Olivier Pons can be reached at +33 (0) 1 44 45 87 30, ensuring that investors receive support as they manage their holdings.

Understanding Volta Finance Limited's Objectives

Volta Finance Limited operates with a clear mission: to maintain capital preservation across the credit cycle while delivering a steady stream of income to shareholders through regular dividends. This objective is particularly relevant as the company continues to focus on investments primarily in Collateralized Loan Obligations (CLOs) and similar asset classes. A diversified investment approach may also be leveraged opportunistically, which could enhance shareholder value over time.

The Role of AXA Investment Managers

AXA Investment Managers Paris plays a pivotal role in the investment strategy of Volta Finance Limited. With a team specialized in structured credit, AXA IM aims to effectively manage the assets of Volta Finance. They are a leading asset management company with a robust reputation in the industry, servicing numerous clients while managing over €844 billion in assets. Their expertise could provide valuable insights and assurance to shareholders about the strategic direction of their investments.

Regulatory Framework and Compliance

As a company incorporated in Guernsey and listed on both Euronext Amsterdam and the London Stock Exchange, Volta Finance Limited adheres strictly to the regulatory frameworks provided by the relevant authorities. Investors are encouraged to stay informed about market conditions and regulatory developments that may impact their investments.

Conclusion: A Positive Step for Shareholders

In conclusion, Volta Finance Limited’s latest dividend declaration reflects its commitment to returning value to shareholders. With various options granted to shareholders regarding currency choice and a strong backing from AXA Investment Managers, the company is poised for continued success. As they move forward, the focus on managing assets effectively assures shareholders of sustained performance and income opportunities. For any further inquiries, shareholders should feel confident in reaching out to the respective contacts provided in the announcement.

Frequently Asked Questions

What is the declared interim dividend for Volta Finance Limited?

The declared interim dividend is €0.145 per share.

How much total dividend amount does this represent?

The total dividend amount is approximately €5.30 million.

What are the currency options for receiving the dividend?

Shareholders can elect to receive their dividends in either Euros or Pounds Sterling.

Who should I contact for more information regarding the dividend?

Contact François Touati at AXA Investment Managers Paris at +33 (0) 1 44 45 80 22 for inquiries.

What is the deadline for currency elections?

The deadline for currency elections is 12:00 noon on 30 September.

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