by Nimrod • October 1, 2014 • Doric II
DORIC NIMROD AIR TWO LIMITED
DIVIDEND DECLARATION – CORRECTIVE ANNOUNCEMENT
Earlier today the Company announced a Dividend Declaration under RNS Number 1551T. The ex-dividend date contained within the announcement was incorrectly quoted as 8 October 2014 instead of 9 October 2014.
The below Dividend Declaration announcement replaces the announcement referred to above.
ORDINARY PREFERENCE SHARE
Doric Nimrod Air Two Limited (LSE:DNA2) (the “Company”) is a Guernsey domiciled company with shares 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 4.50 pence per Ordinary Preference Share in respect of the financial period ending 31 March 2015.
This dividend will be payable on or around 24 October 2014 to holders on record 10 October 2014. The corresponding ex-dividend date will be 9 October 2014.
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 is posted on the Company’s website http://www.dnairtwo.com/investors/quarterly-factsheet.html
Investment Objectives and Policy
DNA2’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, DNA2 will seek to use the net proceeds of placings and other equity capital raisings, together with debt facilities (or instruments), to initially acquire Airbus A380 aircraft which will be leased to one or more major airlines. All seven aircraft proposed to be acquired at IPO and pursuant to C Share issue have now been acquired and leased.
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.
The latest available information on the Company can be accessed via the website.
This document has been issued by, and is the sole responsibility of the Company and is for information purposes only. It is not, and is not intended to be an invitation, inducement, offer, or solicitation, to deal in the shares of the Company. The price of shares in the Company and the income from them may go down as well as up and investors may not get back the full amount invested on disposal of shares in the Company. An investment in the Company should be considered only as part of a balanced portfolio of which it should not form a disproportionate part. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision.