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COMPANY ANNOUNCEMENT: Settlement of Trident shares in Trust 1/22/2018

The following is a Company Announcement issued by Simonds Farsons Cisk plc (the Company” or “SFC”) pursuant to Listing Rule 5.16 of the Malta Financial Services Authority Listing Rules. 


On 20 December 2017, the Board of Directors declared an interim dividend to be settled ‘in kind’, by the distribution of the Company’s entire shareholding in Trident Estates plc (“Trident”) to SFC’s shareholders pro rata to the number of shares held by them in the Company as at close of business on 21 December 2017 (the “Distribution Record Date”).

The declaration of the interim dividend followed the approval by SFC’s shareholders, during the Annual General Meeting held on 27 June 2017, for the spin-off of SFC’s shareholding in Trident. The dividend was payable to all shareholders registered on SFC’s share register at the Central Securities Depository of the Malta Stock Exchange as at the Distribution Record Date.

To complete this process, SFC mailed out a share transfer agreement to each of its shareholders, with a request that these agreements should be signed and returned to the Company by no later than 19 January 2018. Those shareholders who have not received their shareholding entitlement in Trident because no such share transfer agreement was received by the Company, should be aware that such shares (the “Trust Shares”) have now been settled in trust with Alter Domus Trustee (Services) Malta Limited (“Alter Domus”), a trust company that is duly authorised by the Malta Financial Services Authority, having its business address at Vision Exchange Building, Territorials Street, Mriehel BKR 3000, for the purpose of preserving these shares for the benefit of those entitled to such shares, until such time as the shares are transferred.

Shareholders who have any claim to the Trust Shares or require further guidance and/or clarification are kindly requested to contact Alter Domus by email on steve.xuereb@alterdomus.com or by telephone on (+356) 2205 1024 and provide the following details:

  • Full name and surname (or company name when shareholder is a company);
  • ID Card Number (or company registration number, where applicable);
  • MSE Number under which the SFC shares have been held on the Distribution Record Date;
  • Number of shares held in the Company as at the Distribution Record Date;
  • Telephone number that can be used during office hours.


Antoinette Caruana
Company Secretary