OREANDA-NEWS. September 23, 2015. CIC Capital Limited is pleased to advise that the Company will distribute to shareholders by way of a dividend in specie shares in CIC Brancepeth Coal Limited and CIC Fuels Group Limited.

 

Client Company

Dividend in specie

CIC Capital holding after distribution

CIC Capital holding after distribution

CIC Brancepeth Coal Limited

34,000,000

26,000,000

40.6%

CIC Fuels Group Limited

13,500,000

12,000,000

19.7%

Sino Oil Group Limited

-

16,500,000

7.5%

CIC Gold Group Limited

-

35,840,000

34.6%

CIC Capital successfully distributed 20,000,000 shares in CIC Gold Group Limited, by way of dividend in specie, to the shareholders of the Company on 13 January 2015. CIC Gold Group Limited listed on the Standard Listing segment of the Official List and began trading on the London Stock Exchange's Main Market for listed securities on 23 June 2015.

Shareholders in the Company will receive their pro rata share of the distributions based on their shareholding in the Company on the record date of 24 September 2015.

Further information on the distribution is available in the distribution circular available on the Company's website at www.CICCapital.com on the record date.