11 April 2024
DORIC
NIMROD AIR THREE LIMITED
DIVIDEND DECLARATION
Overview
Doric Nimrod Air Three Limited (LSE:
DNA3, LEI:213800BMYMCBKT5W8M49) (the "Company") is a Guernsey
domiciled company with Ordinary Preference Shares admitted to
trading on the Specialist Fund Segment of the London Stock
Exchange's Main Market.
Declaration of Dividend
In line with the distribution policy
the directors of the Company have declared an interim dividend of
2.0625 pence per Ordinary Preference Share in respect of the
financial year ending 31 March 2024.
This dividend will be paid gross on
or around 30 April 2024 to holders of record 19 April 2024.
The corresponding ex-dividend date will be 18 April
2024.
If any shareholder, who previously
received their dividend payments by cheque, would now prefer the
convenience of an electronic transfer into their bank account,
please contact JTC Registrars Limited at Registrars@jtcgroup.com.
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.
Investment Objectives and Policy
The Company's investment objective
is to obtain income returns and a capital return for its
shareholders by acquiring, leasing and then selling
aircraft.
In the pursuit of its investment
objective the Company has used the net proceeds of placings and
other equity capital raisings, together with debt facilities (or
instruments), to acquire four Airbus A380 aircraft which have each
been leased on twelve year terms to Emirates Airline, the national
carrier owned by the Investment Corporation of Dubai based in
Dubai, United Arab Emirates.
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.
Investor information
The latest available information on
the Company can be accessed via the Company's website.
For
further information, please contact:
For administrative and company
information:
JTC
Fund Solutions (Guernsey) Limited
+44 (0) 1481 702400
For shareholder
information:
Nimrod Capital LLP
+44 (0) 20 7382 4565
END OF ANNOUNCEMENT
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