by Nimrod • July 11, 2016 • Doric I
DORIC NIMROD AIR ONE LIMITED
Doric Nimrod Air One Limited (LSE:DNA) (the “Company”) is a Guernsey domiciled company with Ordinary Preference Shares (ISIN: GG00B4MF3899, SEDOL: B4MF389) admitted to trading on the Specialist Fund Market of the London Stock Exchange.
Declaration of Dividend
In line with the distribution policy the directors of the Company have declared a second interim dividend of 2.25 pence per Ordinary Preference Share for the financial period ending 31 March 2017.
This dividend will be payable on or around 29 July 2016 to holders on record 22 July 2016. The corresponding ex-dividend date will be 21 July 2016.
Future dividend payments are anticipated to be declared and paid on a quarterly cycle as per the Prospectus subject to compliance with applicable laws and regulations.
A quarterly fact sheet will be posted on the Company’s website shortly.
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 a single aircraft.
The Company has purchased one Airbus A380-861 aircraft, manufacturer’s serial number 016 which it has leased to Emirates Airlines (“Emirates”), the national carrier owned by the Investment Corporation of Dubai based in Dubai, United Arab Emirates.