On 20 December 2017, Simonds Farsons Cisk plc announced that its Board of Directors declared an net interim dividend of €1.2403667 per share which will be settled ‘in kind’ through the distribution of the Group’s entire shareholding in Trident Estates plc. Shareholders as at the close of trading on 19 December 2017 will be entitled to receive this dividend ‘in kind’.
Shareholders of Simonds Farsons Cisk plc will receive one share in Trident Estates plc for every share held in Simonds Farsons Cisk plc. In this respect, Simonds Farsons Cisk plc will be mailing out a share transfer agreement to all shareholders who should sign this document and return to the Simonds Farsons Cisk plc by not later than 19 January 2018.
The Listing Authority has approved the admissibility to listing of the shares of Trident Estates plc to the Official List of the Malta Stock Exchange. Listing of the shares in Trident Estates plc is expected to happen on 30 January 2018 with trading expected to commence thereafter. A Prospectus dated 18 December 2017, as approved by the Listing Authority in this respect, will be available as from 21 December 2017.