15 July 2021
DORIC NIMROD AIR THREE LIMITED
DIVIDEND DECLARATION
Overview
Doric Nimrod Air Three Limited (LSE: DNA3, LEI:213800BMYMCBKT5W8M49) (the "Company") is a Guernsey domiciled company with Ordinary Preference Shares admitted to trading on the Specialist Fund Segment of the London Stock Exchange's Main Market.
Declaration of Dividend
In line with the distribution policy the directors of the Company have declared an interim dividend of 2.0625 pence per Ordinary Preference Share in respect of the financial year ending 31 March 2022.
This dividend will be payable on or around 30 July 2021 to holders of record 23 July 2021. The corresponding ex-dividend date will be 22 July 2021.
If any shareholder, who previously received their dividend payments by cheque, would now prefer the convenience of an electronic transfer into their bank account, please contact JTC Registrars Limited at Registrars@jtcgroup.com.
Future dividend payments are anticipated to be declared and paid on a quarterly cycle as per the prospectus, subject to compliance with applicable laws and regulations.
A quarterly fact sheet will be posted on the Company's website today:
http://www.dnairthree.com/investors/quarterly-factsheet.html
Investment Objectives and Policy
The Company's investment objective is to obtain income returns and a capital return for its shareholders by acquiring, leasing and then selling aircraft.
In the pursuit of its investment objective the Company has used the net proceeds of placings and other equity capital raisings, together with debt facilities (or instruments), to acquire four Airbus A380 aircraft which have each been leased on twelve year terms to Emirates Airline, the national carrier owned by the Investment Corporation of Dubai based in Dubai, United Arab Emirates.
The Company aims to provide shareholders with an attractive total return comprising income from distributions through the period of the Company's ownership of the Assets and capital upon the sale of the Assets.
Investor information
The latest available information on the Company can be accessed via the Company's website.
For further information, please contact:
For administrative and company information:
JTC Fund Solutions (Guernsey) Limited
+44 (0) 1481 702400
For shareholder information:
Nimrod Capital LLP
+44 (0) 20 7382 4565
END OF ANNOUNCEMENT
E&OE - in transmission
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
