(Co Reg No: 198901967K)
RAFFLES MEDICAL GROUP LTD SCRIP DIVIDEND SCHEME - DESPATCH OF ELECTION NOTICES
On 23 April 2014, the Board of Directors of Raffles Medical Group Ltd (the Company) announced:
(i) the application of Raffles Medical Group Ltd Scrip Dividend Scheme (the Scheme) to the final dividend of 4.0 Singapore cents per ordinary share (Share) for the financial year ended 31
December 2013 (the FY2013 Dividend); and
(ii) the books closure date for determining shareholders' entitlements to the FY2013 Dividend
(the Books Closure Date).
On 7 May 2014, it was announced that the issue price of the fully paid new ordinary shares in the Company (New Shares) to be issued to shareholders of the Company who have elected to participate in the Scheme, in lieu of part or all of the cash amount of the FY2013 Dividend, is S$3.26 for each New Share.
Despatch of Election Notices
The Company wishes to announce that Notices of Election have been despatched today to all eligible persons registered as holders of Shares in the Register of Members of the Company or the Depository Register, as the case may be, as at 5.00 p.m. on 7 May 2014 (being the Books Closure Date in respect of the FY2013 Dividend) to whom the Scheme has been made available (Eligible Shareholders).
Closing date for scrip elective
Eligible Shareholders who wish to elect to participate in the Scheme must complete, sign and return their Notices of Election to the Company's Share Registrar, M&C Services Private Limited, (Share Registrar), or The Central Depository (Pte) Limited (CDP), as the case may be, at their respective addresses set out below, by 5:00 p.m. on 6 June 2014, Singapore time. Notices of Election received after 5:00 p.m. on 6 June 2014, Singapore time, will not be effective.
Eligible Shareholders wishing to receive the FY2013 Dividend in cash need not take any action, provided they have not previously made permanent elections under the Scheme to receive New Shares in lieu of cash. Shareholders who have previously made such permanent elections under the Scheme (and whose permanent elections have not been cancelled or deemed cancelled) will receive New Shares in lieu of cash for the FY2013 Dividend if they do not take any action.
Other information
Shareholders to whom the Scheme is not available, being shareholders whose small holding of Shares would result in their receiving zero New Shares and Foreign Shareholders who had not provided the Company with an address in Singapore for the service of notices and documents by notifying the Central Depository (Pte) Limited on or before 2 May 2014 (being the three (3) market days prior to the Books Closure Date), will receive the FY2013 Dividend in cash.
The FY2013 Dividend will be paid on or about 26 June 2014.
Other information (cont'd)
Eligible Shareholders who have not received their Notices of Election by 23 May 2014 should notify the Share Registrar or CDP, as the case may be, at the following addresses:
M&C Services Private Limited
112 Robinson Road
#05-01
Singapore 068902
The Central Depository (Pte) Limited
9 North Buona Vista Drive
#01-19/20 The Metropolis
Singapore 138588
A copy of the Scheme Statement (which contains the terms and conditions of the Scheme) may be obtained upon request from the Share Registrar.
By Order of the Board
Kimmy Goh
Company Secretary
16 May 2014
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