Subject to the financial performance of the business, the Board of Directors will normally declare payment of interim dividends in June and December each year.
It is also worth noting that as from 2021, and for the foreseeable future, dividends are expected to be distributed from capital or tax-paid income reserves of the Company. As such, shareholders resident in Jersey should be exempt from income tax or eligible for tax credit relief on dividends received. Other investors are recommended to seek tax advice if they believe they may also be exempt from tax or eligible for tax credit relief.
Since the listing of the company in May 2019 an aggregate of £11.051m of dividends have been paid:
| Payment date | Amount | Pence per share |
|---|---|---|
| 16th December 2022 | £1,638,957 | 1.65p |
| 14th June 2022 | £1,638,957 | 1.65p |
| 16th December 2021 | £1,638,957 | 1.65p |
| 14th June 2021 | £1,638,957 | 1.65p |
| 16th December 2020 | £1,495,506 | 1.50p |
| 29th September 2020 | £1,500,000 | 1.50p |
| 16th December 2019 | £1,500,000 | 1.50p |
Shareholder benefits include Easter and Christmas discount vouchers to use across selected SandpiperCI stores.
SandpiperCI is listed on The International Stock Exchange which provides a secondary market and opportunity to trade in SandpiperCI’s shares. The appointed market maker is Ravenscroft (CI) Limited (“Ravenscroft”) and trades are usually coordinated on a matched bargain basis, facilitated in one of two ways:
- The buyer/ seller establishes a client account with Ravenscroft through which they trade; or
- Ravenscroft trades directly with the existing broker of the buyer/ seller on a broker-to-broker basis.
Should you wish to purchase or sell shares in SandpiperCI but do not currently have a broker relationship, Ravenscroft would be happy to assist you in opening a client account for you. For further information please contact Ravenscroft’s client services team in Guernsey or Jersey.
Market Maker
For queries relating to buying and selling shares in SandpiperCI:
Ravenscroft (CI) Limited
PO Box 222
20 New Street
St Peter Port
Guernsey
GY1 4JG
T: +44 (0)1481 729100
E: gdealing@ravenscroftgroup.com
Ravenscroft Client Services
For queries relating to Ravenscroft client account opening:
Jersey
PO Box 419
First Floor Weighbridge House
Liberation Square
St Helier
Jersey
JE2 3NA
T: +44 (0)1534 722051
E: clientservices@ravenscroftgroup.com
Guernsey
PO Box 222
20 New Street
St Peter Port
Guernsey
GY1 4JG
T: +44 (0)1481 729100
E: clientservices@ravenscroftgroup.com
Ravenscroft is licensed and regulated by the Guernsey Financial Services Commission to conduct investment business. It is also regulated by the Jersey Financial Services Commission to conduct investment and funds services business.