WorldStage Newsonline– The Investment Committee of the Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF) has has approved a Special Distribution from the sale proceeds to the Fund’s Unitholders
A notice by the Fund at the Nigerian Exchnage said the move was as a result of the positive impact of the sale of an asset.
“The Special Distribution is NGN 6.55 per unit less withholding tax where applicable,” the notice said.
“The Special Distribution is payable on 15th December 2023 to Unitholders whose names are in the Register of Unitholders as at the Qualification Date of 11th December 2023.
“NIDF will continue to pay quarterly distributions and the next quarterly distribution in early January 2024 will be for the quarter ending 31st December 2023.”
