Dividend Declaration
P2P Global Investments plc (the "Company")
DIVIDEND DECLARATION
On 30 July 2018, the Directors declared an interim dividend of 12p per ordinary share for the three month period to 30 June 2018. The dividend will be covered by income of 9.04p, from Company's revenue reserve, and 2.96p from the special distributable reserve, 2.13p of which relates to accretion from the Company's share buybacks in the period.
The dividend will be paid on 19 September 2018 to shareholders on the register as of 10 August 2018. The ex-dividend date is 9 August 2018.
The Company has elected to designate all of the interim dividend for the three month period to 30 June 2018, as an interest distribution to its shareholders. In doing so the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.
No tax will be deducted at source from the interest distribution paid on 19 September 2018, or from future interest distributions following changes to the taxation of dividends effective from 6 April 2017.
The last date for elections for the Dividend Reinvestment Plan is 24 August 2018.
31 July 2018
Contact Information:
| |
Enquiries: | |
PSC Eaglewood Europe LLP
| +44 (0)20 3948 7379 |
Media enquiries: | |
Boscobel & Partners | + 44 (0)203 642 1310 |
Investor information
Further up to date information, including Net Asset Values and share prices, and the latest available monthly newsletter and portfolio information, is provided on the Company's website, which can be accessed via www.p2pgi.com. Information can also be obtained from the Investor Services, [email protected]
END OF ANNOUNCEMENT
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