RNS Number : 0567J

GCP Infrastructure Investments Ltd

10 July 2013

GCP Infrastructure Investments Limited

(the "Company")

Dividend Policy

10 July 2013

 The board of directors of the Company (the "Board") is pleased to announce its intention to move to payment of quarterly dividends, in line with the frequency of dividend payments by the Master Fund.

The Board noted in the prospectus for its last C Share fundraise that they understood that the Master Fund expected to increase the frequency of dividend payments from a half yearly basis to a quarterly basis with effect from the conversion of the C Shares into Ordinary Shares and in such an event the Company would expect to also move to paying quarterly dividends. Given the Master Fund has announced that it is moving  to payment of quarterly dividends, the Company intends to do the same in order to be in line with the Master Fund.

Since IPO the Company has paid dividends on a half yearly basis, in line with the dividend policy of the Master Fund, with an interim dividend payment in June and the final dividend in December. The final dividend for the six months ending 30 September 2013 will be paid in December 2013 according to this policy.

The interim quarterly dividends and final dividend for the financial year ending 30 September 2014 are expected to be paid as follows:

 

 About GCP Infrastructure Investments Limited

The Company is a closed-ended investment company that seeks to generate returns from subordinated PFI debt and related and/or similar assets (the "Target Assets"). The Company achieves this by investing substantially all of its capital in the Master Fund, an open-ended investment company that holds the Target Assets. The Company is the majority shareholder of the Master Fund. 

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