• by  • July 11, 2019 • Doric I

    DORIC NIMROD AIR ONE LIMITED

    DIVIDEND DECLARATION

    Overview

    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 Segment of the London Stock Exchange’s Main Market.

    Declaration of Dividend

    In line with the distribution policy the directors of the Company have declared an interim dividend of 2.25 pence per Ordinary Preference Share for the financial year ending 31 March 2020.

    This dividend will be payable on or around 31 July 2019 to holders of record 19 July 2019.  The corresponding ex-dividend date will be 18 July 2019.

    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.

    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 Airline, the national carrier owned by the Investment Corporation of Dubai based in Dubai, United Arab Emirates.

    Investor information

    The latest available information on the Company can be accessed via the Company’s website http://www.dnairone.com.