Tetragon Financial Group Ltd Dividend Declaration and Tender Offer

 
TIDMTFG 
 
Tetragon Financial Group Limited Announcement of Dividend and Intention to 
                             Conduct Tender Offer 
 
LONDON, March 3, 2023 -- 
 
Dividend Announcement: 
 
On 3 March 2023, the Board of Directors of Tetragon declared a dividend of 
U.S.$ 0.11 (11.00 cents) per share in respect of the fourth quarter of 2022. 
The ex-dividend date is 7 March 2023. The record date is 8 March 2023. Payment 
of the dividend will take place from 31 March 2023. 
 
Tetragon's website ( www.tetragoninv.com) includes information on Tetragon's 
Optional Stock Dividend Plan for those shareholders electing to receive 
dividends in the form of Tetragon shares. Shareholders may elect to receive 
dividends in the form of Tetragon shares by making a dividend share election up 
to 20 March 2023. If no election is made, the dividend will be paid in cash 
from 31 March 2023. 
 
Cash dividends may be received in Sterling by those shareholders making a 
dividend currency election up to 20 March 2023. If no election is made, the 
dividend will be paid in U.S. dollars from 31 March 2023. 
 
Intention to Conduct a Tender Offer: 
 
Tetragon intends to conduct a tender offer for a number of Tetragon non-voting 
shares with a maximum value of up to U.S.$25 million, to be held as treasury 
shares. J.P. Morgan Securities plc (which conducts its U.K. investment banking 
business as J.P. Morgan Cazenove) will act as dealer manager in the tender 
offer, which will use a modified Dutch auction structure. Details of this 
planned tender offer will be announced shortly. A repurchase of Tetragon shares 
at a price below NAV will be accretive to its fully diluted NAV per share. 
 
About Tetragon: 
 
Tetragon is a Guernsey closed-ended investment company. Its non-voting shares 
are listed on Euronext in Amsterdam, a regulated market of Euronext Amsterdam 
N.V., and also traded on the Specialist Fund Segment of the Main Market of the 
London Stock Exchange. Our investment manager is Tetragon Financial Management 
LP.  Find out more at  www.tetragoninv.com. 
 
Tetragon:          Press Inquiries: 
 
Yuko Thomas        Prosek Partners 
Investor Relations Pro-tetragon@prosek.com 
ir@tetragoninv.com U.K. +44 20 3890 9193 
                   U.S. +1 212 279 3115 
 
This release contains inside information within the meaning of Article 7(1) of 
the EU Market Abuse Regulation (2014/596/EU), or EU MAR, and of the UK version 
of EU MAR as it forms part of UK law by virtue of the European Union 
(Withdrawal) Act (as amended). 
 
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 Tetragon have not been and will not be 
registered under the U.S. Securities Act of 1933, as amended, and may not be 
offered or sold in the United States or to U.S. persons unless they are 
registered under applicable law or exempt from registration. Tetragon 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, 
Tetragon has not been and will not be registered under the U.S. Investment 
Company Act of 1940, as amended, and investors will not be entitled to the 
benefits of such Act. Tetragon is registered in the public register of the 
Netherlands Authority for the Financial Markets (Autoriteit Financiële Markten) 
under Section 1:107 of the Dutch Financial Markets Supervision Act as an 
alternative investment fund from a designated state. 
 
 
 
END

(END) Dow Jones Newswires

March 03, 2023 13:17 ET (18:17 GMT)

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