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Murray International Trust PLC's Board declared a first interim dividend of 12.0p net per Ordinary 25p share for the year ending 31 December 2023 on 21 April 2023. This dividend is contingent on a Five for One Share Subdivision being approved by shareholders at today's Annual General Meeting and becoming effective from 24 April 2023. If approved, the dividend will be adjusted to 2.4p per Ordinary 5p share, payable on 16 August 2023 to shareholders on the register on 7 July 2023, with an ex-dividend date of 6 July 2023 and a Dividend Reinvestment Plan election deadline of 26 July 2023.
| Date | 21 Apr 2023 |
| Time | 12:12:36 |
| Category | Capital structure |
| ID | 0878X |
Murray International Trust PLC
Legal Entity Identifier (LEI): 549300BP77JO5Y8LM553
Announcement of First Interim Dividend
21 April 2023
The Board has today declared an unchanged first interim dividend in respect of the year ending 31 December 2023 of 12.0p net (2022: 12p) per Ordinary 25p share.
On the assumption that the Five for One Share Subdivision is approved by Shareholders at today's Annual General Meeting of the Company and becomes effective from admission of the new Ordinary 5p shares on 24 April 2023, this dividend will be adjusted for that Subdivision and an amount of 2.4p per Ordinary 5p share will then be payable on 16 August 2023 to Ordinary shareholders on the register on 7 July 2023, ex dividend date 6 July 2023*.
The Company operates a Dividend Reinvestment Plan (DRIP) which is managed by the registrar, Link Asset Services, and the deadline for elections under the DRIP will be 26 July 2023.
* In the event that the Sub-division does not become effective then the first interim dividend in respect of the year ending 31 December 2023 will be 12.0p net (2022: 12.0p) per Ordinary 25p share.