Brief: Wheelock and Co announces conditional declaration of special dividend

i-CABLE Communications

28/08/2017 01:07

Aug 28 (Reuters) - Wheelock And Co Ltd  0020.HK  
    * Declares a special dividend in form of wheelock 
distribution in specie of relevant I-Cable shares 
    * I-Cable shares, being 914.7 million I-Cable shares 
registered in names of members of wheelock group 
    * distributions in specie will be made in proportion of 
44.63581 i-cable shares for every 100 wheelock shares then held. 
    * Upon completion of wheelock distribution in specie I-Cable 
will cease to be a subsidiary of Wheelock 
    * Upon completion of wheelock distribution in specie it is 
expected that revenue of wheelock group will decrease 
    * Announces conditional declaration of special dividend by 
distribution in specie of I-Cable shares 
 
Source text for Eikon:  ID:nHKSbZNKQq  
Further company coverage:  0020.HK  
 
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