Update on first payment

  • Ohdear
  • 13/10/08 31/05/09
  • unspecified
  • Offline
Posted: Mon, 27/07/2009 - 20:13

Can someone please clarify when are we eexpected to receive the first payment? Are we still talking about 20p in £?

Thanks.

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Update on first payment

  • Knife Edge
  • 10/10/08 31/05/09
  • a depositor
  • Offline
  • Tue, 28/07/2009 - 17:05

Hi Ohdear,

From the discussions about, and during the meetings on, the SoA etc, the target first dividend payment date was to be sometime in August 2009. The amount being talked about by PwC was 14.5-20p/£, so 20p was at the upper end.

I'm not aware of anything that contradicts that timing. If anything, I'd say the amount is more likely to vary from what they said than the timing.

If I was a betting person (and I'm not, despite having deposited in KSFIOM), I'd expect something at the lower end of the range PwC mentioned and be pleasantly surprised if more came out, rather than the other way round.

KE