tiprankstipranks
Company Announcements

Shaftesbury Capital Announces Dividend Impact on Bond Exchange Property

Story Highlights
Shaftesbury Capital Announces Dividend Impact on Bond Exchange Property

Shaftesbury Capital ( (GB:SHC) ) has issued an announcement.

Shaftesbury Capital PLC has announced a final cash dividend of GBP 0.018 per share, scheduled for payment on 30 May 2025. This dividend will result in a Capital Distribution, as it exceeds the Reference Amount for the relevant period, affecting the Exchange Property of their secured exchangeable bonds due in 2026. The company has decided not to issue a Purchase Election Notice, and the adjustment to the Exchange Property will be effective on the same date.

More about Shaftesbury Capital

YTD Price Performance: -0.48%

Average Trading Volume: 3,508,477

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.44B

For detailed information about SHC stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1