Doric Nimrod Air Three Limited

Regulatory Filings • Oct 1, 2013

National Storage Mechanism | Additional information

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RNS Number : 4563P

Doric Nimrod Air Three Limited

01 October 2013

DORIC NIMROD AIR THREE LIMITED

DIVIDEND DECLARATION

ORDINARY PREFERENCE SHARE

Overview

Doric Nimrod Air Three Limited (LSE:DNA3) (the "Company") is a Guernsey domiciled company with shares admitted to trading on the Specialist Fund Market of the London Stock Exchange and the Channel Islands Stock Exchange.

Declaration of Dividend

In line with the Distribution policy the directors of the Company have declared a first interim dividend of 0.1715 pence per Ordinary Preference Share in respect of the financial period ending 31 March 2014.

This dividend will be payable on or around 25 October 2013 to holders on record 11 October 2013.  The corresponding ex-dividend date will be 9 October 2013.

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 is posted on the Company's website http://www.dnairthree.com/investors/quarterly-factsheet.html

Investment Objectives and Policy

DNA3's investment objective is to obtain income returns and a capital return for its Shareholders by acquiring, leasing and then selling aircraft (the "Assets").  

To pursue its investment objective, DNA3 will seek to use the net proceeds of placings and other equity capital raisings, together with debt facilities (or instruments), to initially acquire Airbus A380 aircraft which will be leased to one or more major airlines.  

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.

It is anticipated that the remaining three Assets will be acquired in the fourth quarter of 2013.

Investor information

The latest available information on the Company can be accessed via the website. 

This document has been issued by, and is the sole responsibility of the Company and is for information purposes only. It is not, and is not intended to be an invitation, inducement, offer, or solicitation, to deal in the shares of the Company. The price of shares in the Company and the income from them may go down as well as up and investors may not get back the full amount invested on disposal of shares in the Company. An investment in the Company should be considered only as part of a balanced portfolio of which it should not form a disproportionate part. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision.

By order of the Board

1 October 2013

For further information, please contact:

For administrative and company information:

Anson Fund Managers Limited

+44 (0) 1481 722260

For shareholder information:

Nimrod Capital LLP

Richard Bolchover

Marc Gordon

+44 (0) 20 3355 6855

E&OE - in transmission

This information is provided by RNS

The company news service from the London Stock Exchange

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