LONDON, Nov. 20, 2015 /PRNewswire/ -- On October 29, 2015, the Board of Tetragon Financial Group Limited ("TFG") announced an interim dividend, to be paid in cash or in newly issued non-voting shares in Tetragon Financial Group Limited, of U.S. $0.1625 per share in respect of the second quarter of the financial year 2015. The ex-dividend date is November 11, 2015. The record date is November 12, 2015. Payment of the interim dividend in cash and/or the delivery of shares in lieu of cash ("Newly Issued Shares") will take place on December 3, 2015.
The reference price for the Newly Issued Shares is US $10.02, resulting in a conversion ratio of 1 Newly Issued Share for every 61.6615 dividend rights held. The reference price is based on the volume-weighted average of the trading prices of a non-voting share of Tetragon Financial Group Limited on Euronext Amsterdam N.V. for the five-day trading period (treated as a single period) from November 11, 2015 to November 17, 2015.
Shareholders who wish to elect to receive new non-voting shares instead of cash should consult the Optional Stock Dividend Plan on the TFG website (http://www.tetragoninv.com/investor/dividendinfo.aspx). The dividend payment process is administered by Computershare Investor Services (Guernsey) Limited.
Tetragon Financial Group Limited ("TFG") is a Guernsey closed-ended company traded on Euronext Amsterdam N.V. under the ticker symbol "TFG.NA" and on the Specialist Fund Market of the London Stock Exchange plc under the symbol "TFG.LN". TFG aims to provide stable returns to investors across various credit, equity, interest rate, inflation and real estate cycles. TFG's investment portfolio comprises a broad range of assets, including an asset-management business (TFG Asset Management), and covers bank loans, real estate, equities, credit, convertible bonds and infrastructure.
This release does not contain or constitute an offer to sell or a solicitation of an offer to purchase securities in the United States or any other jurisdiction. The securities of TFG have not been and will not be registered under the US Securities Act of 1933 (the "Securities Act"), as amended, and may not be offered or sold in the United States or to US persons unless they are registered under applicable law or exempt from registration. TFG does not intend to register any portion of its securities in the United States or to conduct a public offer of securities in the United States. In addition, TFG has not been and will not be registered under the US Investment Company Act of 1940, and investors will not be entitled to the benefits of such Act. TFG is registered in the public register of the Netherlands Authority for the Financial Markets under Section 1:107 of the Financial Markets Supervision Act ("FMSA") as a collective investment scheme from a designated country.
SOURCE Tetragon Financial Group Limited