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AVI Global Trust plc (the "Company")
AGT Holding D’Ieteren (DIE BB) Trades Ex-Dividend
The Company announces that its largest holding D’Ieteren Group today trades ex-dividend of a €74 per share extraordinary dividend. The payment date is 12 December 2024.
The Company owns 663,947 D'Ieteren Group shares and as such will receive gross proceeds of €46.9m, equivalent to 3.4% of NAV. The Company will incur a net rate of tax of 10% on these proceeds. The distribution will be accounted for as a capital distribution and will not form part of the Company’s income required to be distributed to maintain investment trust status.
Link Company Matters Limited
Secretary
10 December 2024
LEI: 213800QUODCLWWRVI968
D’Ieteren Group traded ex-dividend of an extraordinary €74 per share on 10 December 2024, with payment due on 12 December 2024. AVI Global Trust plc, owning 663,947 D'Ieteren Group shares, will receive gross proceeds of €46.9m, equivalent to 3.4% of its NAV, incurring a net tax rate of 10%. These proceeds will be accounted for as a capital distribution and will not be part of the Company's income for investment trust status.
| Date | 10 Dec 2024 |
| Time | 07:00:07 |
| Category | Capital structure |
| ID | 4198P |