LONDON–(BUSINESS WIRE)–Regulatory News:
Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) today confirmed that the next quarterly dividend of $0.1307 per Public Share, as previously announced, is payable as follows:
USD Dividend Per Share
DRIP Enrollment Deadline
Currency Election Deadline
A proportionate quarterly dividend will be paid to the Special Voting Share, based on its net asset value.
Shareholders may automatically reinvest cash dividends into PSH Public Shares through a Dividend Reinvestment Programme (“DRIP”) whereby shares are purchased in the open market by the administrator of the DRIP. Details about the DRIP are available at https://pershingsquareholdings.com/corporate/psh-dividend-information/ and through shareholders’ brokers.
Dividends will be paid in US dollars unless a shareholder elects to be paid in GBP. Shareholders electing GBP dividends must do so no later than the Currency Election Deadline. Further details about the currency election are available at Pershing Square Holdings’ website https://pershingsquareholdings.com/corporate/psh-dividend-information/.
The payment of each dividend is subject to the Company being satisfied that the following conditions are met:
the Company will meet the solvency requirements under Companies (Guernsey) Law, immediately after the payment of the dividend;
the Company’s total indebtedness will be less than one-third of the Company’s total capitalisation after the payment of the relevant interim dividend.
The decision as to whether PSH pays a dividend in the future will be made by the PSH Board with the consent of the Investment Manager. While PSH intends to pay a quarterly dividend going forward, there is no guarantee that PSH will continue to do so. PSH’s Board’s decision to pay a dividend should not be interpreted to mean that PSH will be profitable in the future.
About Pershing Square Holdings, Ltd.
Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) is an investment holding company structured as a closed-ended fund.
Ed Gascoigne-Pees / Julia Tilley +44 (0)20 3781 8339, email@example.com
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