RNS Number : 5605G
abrdn Private Equity Opp Trst plc
13 March 2024
 

 

13 March 2024

 

abrdn Private Equity Opportunities Trust plc ("THE COMPANY")

Legal Entity Identifier (LEI): 2138004MK7VPTZ99EV13

 

DECLARATION OF FIRST INTERIM DIVIDEND

 

The Company announces the payment of the first interim dividend in respect of the year ended 30 September 2024 of 4.2 pence per ordinary share (2023: 4.0 pence per ordinary share).

 

The dividend will be paid on 26 April 2024 to all shareholders on the register on 22 March 2024. The ex- dividend date is 21 March 2024.

 

In the absence of unforeseen circumstances, it is the Board's intention that the second, third and fourth interim dividends will also be 4.2 pence per Ordinary Share, payable in July 2024, October 2024 and January 2025 respectively, making a total dividend payment for the year ending 30 September 2024 of 16.8 pence per ordinary share.

 

Based on the share price at 11 March 2024, this would represent a 3.2% dividend yield and is an overall increase of 5% on the total dividend payment for the financial year ended 30 September 2023 of 16.0 pence per ordinary share.

 

DIVIDEND REINVESTMENT PLAN ("DRIP")

 

The Company has in place a DRIP, provided by Equiniti Financial Services Limited, which allows shareholders to use their dividends to purchase further ordinary shares in the Company. The last election date to participate in the DRIP is 8 April 2024.

 

Further information on the DRIP including the Terms and Conditions and the associated costs can be found via the following link:

 

https://www.shareview.co.uk/4/Info/Portfolio/default/en/home/shareholders/Pages/Rei nvestDividends.aspx

 

Shareholders who have not previously applied to participate in the DRIP and who wish to do so in respect of the dividend payable on 26 April 2024, should ensure that a mandate form, or CREST instruction if appropriate, is submitted to the Company's registrars, Equiniti Limited, prior to the dividend election date of 8 April 2024. Applications can be made on-line and a mandate form can be downloaded from the above website.

 

Further information can also be obtained by calling the registrars' shareholder helpline on 0371 384 2618 or by writing to Equiniti Limited, Aspect House, Spence Road, Lancing, West Sussex BN99 6DA.

For further information please contact: Paul Evitt

abrdn Holdings Limited

Company Secretary

 

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