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LONDON - Tetragon Financial Group Limited has declared a dividend for the first quarter of 2025, according to a recent statement. Shareholders are set to receive $0.11 per share, with the ex-dividend date marked as last Thursday and the record date as last Friday. The payment process will commence on May 30, 2025.
The investment company also provides an Optional Stock Dividend Plan, allowing shareholders to opt for dividends in Tetragon shares instead of cash. The deadline for shareholders to make this election is May 16, 2025. Absent a shareholder’s election, dividends will be distributed in cash starting May 30, 2025.
For those preferring to receive their dividends in Sterling, a currency election must be made by May 16, 2025. Without such election, dividends will be paid in U.S. dollars. The reference price for shares issued in lieu of cash dividends is set at $13.16, based on the volume-weighted average trading prices on Euronext (EPA:ENX) Amsterdam over a five-day period ending last Friday. This establishes a conversion ratio of one new share for every 119.64 dividend rights.
Tetragon is a Guernsey-based closed-ended investment company, with non-voting shares listed on Euronext Amsterdam and traded on the Specialist Fund Segment of the London Stock Exchange (LON:LSEG). The company is managed by Tetragon Financial Management LP.
The information provided here is based on a press release statement from Tetragon Financial Group Limited. Please note that Tetragon’s non-voting shares come with certain restrictions for U.S. persons and are not intended for European retail investors. For more details on the Optional Stock Dividend Plan, shareholders can refer to the brochure available on Tetragon’s website.
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