Woodchester issues shares

Woodchester Investments is issuing 334,085 new shares to shareholders who have opted to take their final dividend in shares rather…

Woodchester Investments is issuing 334,085 new shares to shareholders who have opted to take their final dividend in shares rather than cash. About 7 per cent of Woodchester shareholders opted to take shares in lieu of a final cash dividend of 4.08p a share. As a result of the scrip issue Woodchester retained £590,000 out of a potential cash dividend payout of £8.66 million.

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