The ordinary shares are wholly owned by the Company. References to Ordinary shares within this Half- Yearly Report are to the Ordinary shares of Chelverton UK Dividend Trust PLC. Capital Following payment of any liabilities and the capital entitlement to the Zero Dividend Preference shareholders, ordinary shareholders are entitled to any surplus assets of SDVP. Voting Each holder, on a show of hands, will have one vote and on a poll will have one vote for each ordinary share held. Zero Dividend Preference shares of 100p each - 14,500,000 in issue as at 31 October 2020 Dividends Holders of Zero Dividend Preference shares are not entitled to dividends. Capital On a winding up of SDVP, after the satisfaction of prior ranking creditors and subject to sufficient assets being available, Zero Dividend Preference shareholders are entitled to an amount equal to 100p per share increased daily from 8 January 2018 at such compound rate as will give an entitlement to 133.18 pence per share at 30 April 2025. Voting Each holder of Zero Dividend Preference shares on a show of hands will have one vote at meetings where Zero Dividend Preference Shareholders are entitled to vote and on a poll will have one vote for each Zero Dividend Preference share held. Holders of Zero Dividend Preference shares are not entitled to attend, speak or vote at General Meetings unless the business of the meeting includes a resolution to vary, modify or abrogate the rights attached to the Zero Dividend Preference shares. Directors and Advisers Directors Lord Lamont of Lerwick (Chairman) William van Heesewijk Howard Myles Andrew Watkins Investment Manager Chelverton Asset Management Limited 11 Laura Place Bath BA2 4BL Tel: 01225 483030 Secretary and Maitland Administration Services Limited Registered Office Hamilton Centre Rodney Way, Chelmsford Essex CM1 3BY Tel: 01245 398950 Registrar and Share Registrars Limited Transfer Office The Courtyard 17 West Street Farnham Surrey GU9 7DR Tel: 01252 821390 www.shareregistrars.uk.com [3] Auditors Hazlewoods LLP Windsor House Bayshill Road Cheltenham GL50 3AT Brokers Shore Capital Cassini House 57 St James's Street London SW1A 1LD Custodian Jarvis Investment Management Limited 78 Mount Ephraim Tunbridge Wells Kent TN4 8BS ISIN: GB0006615826, GB00BZ7MQD81 Category Code: IR TIDM: SDVP LEI Code: 213800DAF47EJ2HT4P78 OAM Categories: 1.2. Half yearly financial reports and audit reports/limited reviews Sequence No.: 88779 EQS News ID: 1151602 End of Announcement EQS News Service 1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=ee97216f243370f8a501ad6b84117558&application_id=1151602&site_id=vwd&application_name=news 2: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=48f3314a7a59846c5b9022fe1db0a4c9&application_id=1151602&site_id=vwd&application_name=news 3: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=14f5464db70bee3528ef96a23eb9408a&application_id=1151602&site_id=vwd&application_name=news
(END) Dow Jones Newswires
November 30, 2020 09:36 ET (14:36 GMT)