TIDMAIT
RNS Number : 2387B
Active Capital Trust PLC
22 October 2009
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To: RNS
From: Active Capital Trust plc (The "Company")
Date: 22 October 2009
FIRST RETURN OF CAPITAL
In view of the significant progress made in realising value from the Company's
portfolio of investments, the Board has decided to bring forward the first
return of capital to shareholders (previously anticipated to be made in January
2010). The realisation of investments has been in line with target price
expectations since shareholders approved changes to the Company's investment
objective and policy at the AGM in August 2009.
Accordingly, the Board announces that a first return of capital to shareholders
of 9p per share, amounting to GBP4.6 million in aggregate, will be made as
follows:
Ex date: 4 November 2009
Record date: 6 November 2009
Pay date: 17 November 2009
This follows the repayment of the Company's bank debt in full, as previously
announced on 21 September 2009.
The next return of capital is expected to be made in January 2010.
Enquiries
+--------------+------------+-----------+
| Bill | Bluehone | T: 020 |
| Brown/Stuart | Investors | 7496 8913 |
| Rollason | LLP | |
+--------------+------------+-----------+
| Derek | Company | T: 020 |
| Osborne | Secretary, | 7628 8000 |
| | F&C Asset | |
| | Management | |
| | plc | |
+--------------+------------+-----------+
| Sue | Intelli | T: 020 |
| Inglis | Corporate | 7050 6779 |
| | Finance | |
| | Limited | |
+--------------+------------+-----------+
This information is provided by RNS
The company news service from the London Stock Exchange
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