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Secured Income Fund plc (SSIF) ORD GBP0.01

Sell:40.00p Buy:45.00p 0 Change: No change
Market closed Prices as at close on 15 June 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Return of Capital

Secured Income Fund plc ORD GBP0.01

Type:
Return of Capital
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 9 Mar 2021)

What is happening?

 

The Company wants to return £5,266,035 to shareholders. To do this the Company is proposing a Return of Capital to Shareholders via a Bonus Issue of B Shares. Shareholders at the close of business on 23 March 2021 will be entitled to receive 1 B Share in addition to every 10 ordinary Shares held. The B Shares will be immediately redeemed at £1.00 per B Share, and will not be issued to shareholders.

 

You can vote


The return of capital is subject to Shareholder approval at a meeting being held on Tuesday 23 March 2021.


If you wish to vote you’ll need to do this by noon on Thursday 18 March 2021 so we can pass your vote onto the company before the shareholder meetings.

 

If it’s approved, all shareholders on record at close of business on the 23 March 2021 will receive the cash irrespective of if or how they voted. The cash proceeds are expected to be paid on or shortly after 31 March 2021.


Full details of this event will be sent to qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

 

 

×
Sell:40.00p
Buy:45.00p
Change: No change
Market closed Prices as at close on 15 June 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Return of Capital

Secured Income Fund plc ORD GBP0.01

Type:
Return of Capital
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 9 Mar 2021)

What is happening?

 

The Company wants to return £5,266,035 to shareholders. To do this the Company is proposing a Return of Capital to Shareholders via a Bonus Issue of B Shares. Shareholders at the close of business on 23 March 2021 will be entitled to receive 1 B Share in addition to every 10 ordinary Shares held. The B Shares will be immediately redeemed at £1.00 per B Share, and will not be issued to shareholders.

 

You can vote


The return of capital is subject to Shareholder approval at a meeting being held on Tuesday 23 March 2021.


If you wish to vote you’ll need to do this by noon on Thursday 18 March 2021 so we can pass your vote onto the company before the shareholder meetings.

 

If it’s approved, all shareholders on record at close of business on the 23 March 2021 will receive the cash irrespective of if or how they voted. The cash proceeds are expected to be paid on or shortly after 31 March 2021.


Full details of this event will be sent to qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

 

 

×
Sell:40.00p
Buy:45.00p
Change: No change
Market closed Prices as at close on 15 June 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Return of Capital

Secured Income Fund plc ORD GBP0.01

Type:
Return of Capital
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 9 Mar 2021)

What is happening?

 

The Company wants to return £5,266,035 to shareholders. To do this the Company is proposing a Return of Capital to Shareholders via a Bonus Issue of B Shares. Shareholders at the close of business on 23 March 2021 will be entitled to receive 1 B Share in addition to every 10 ordinary Shares held. The B Shares will be immediately redeemed at £1.00 per B Share, and will not be issued to shareholders.

 

You can vote


The return of capital is subject to Shareholder approval at a meeting being held on Tuesday 23 March 2021.


If you wish to vote you’ll need to do this by noon on Thursday 18 March 2021 so we can pass your vote onto the company before the shareholder meetings.

 

If it’s approved, all shareholders on record at close of business on the 23 March 2021 will receive the cash irrespective of if or how they voted. The cash proceeds are expected to be paid on or shortly after 31 March 2021.


Full details of this event will be sent to qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

 

 

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

News, reports & tips

No news items about Secured Income Fund plc ORD GBP0.01 were found.

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