• by  • October 10, 2018 • Amedeo

    AMEDEO AIR FOUR PLUS LIMITED

    DIVIDEND DECLARATION

    REDEEMABLE ORDINARY SHARES

    Overview

    Amedeo Air Four Plus Limited (LSE:AA4) (the “Company”) is a Guernsey domiciled company with shares admitted to trading on the Specialist Fund Segment of the London Stock Exchange’s Main Market.

    Declaration of Dividend

    In line with the declared distribution policy the directors of the Company have declared a third interim dividend of 2.0625 pence per Redeemable Ordinary Share in respect of the financial year ending 31 March 2019.

    This dividend will be payable on or around 31 October 2018 to holders of record 19 October 2018.  The corresponding ex-dividend date will be 18 October 2018.

    Future dividend payments are anticipated to be declared and paid on a quarterly cycle per the Prospectus, subject to compliance with applicable laws and regulations.

    The Company’s latest quarterly report will be posted on the Company’s website today.

    http://www.aa4plus.com/category/news/

    Investment Objectives and Policy

    The Company’s investment objective is to obtain income returns and a capital return for its Shareholders by acquiring, leasing and then selling aircraft (the “Assets”). 

    To pursue its investment objective, the Company will seek to use the net proceeds of placing and/or other equity capital raisings, together with financing facilities (or instruments), to acquire widebody, or other, aircraft which will be leased to one or more major airlines.

    The Company aims to provide Shareholders with an attractive total return comprising income, from distributions through the period of the Company’s ownership of the Assets, and capital, upon the sale of the Assets.