The Scheme provides shareholders with the opportunity to reinvest their cash dividends into new shares in the VCT. New VCT shares attract the same tax reliefs as shares purchased through an offer for subscription.
· All registered participants of the Scheme will have their future dividends re-invested unless and until they decide to cancel their participation in the Scheme.
· The Scheme re-invests dividends at the most recently announced net asset value per share as at the date the dividend is paid (adjusted for the relevant dividend in question if this has not already been recognised in the most recently announced net asset value).
· Shareholders can participate in the Scheme by completing an election form and posting it to the Scheme Administrator, Neville Registrars Limited, Neville House, Steelpark Road, Halesowen B62 8HD.
· Shareholders can cancel their participation in the Scheme at any time by notice in writing to the Scheme Administrator.
Shareholder Queries:
The Scheme Administrator is Neville Registrars Limited, and they handle all queries relating to the Scheme, including amendments to participation. Their details are as follows:
Neville Registrars Limited, Neville House, Steelpark Road, Halesowen B62 8HD.
Tel: 0121 585 1131
Lines are open 9:00 am to 17:30 pm, Monday to Friday, excluding public holidays in England and Wales.
Documents
The Terms and Conditions of the Scheme and the election form can be downloaded below:
