F&C Investment Trust - errors in RNS

[langley59]

Really you have to wonder how much effort goes into checking these:

"The Directors of the Company have resolved that the third interim dividend for the year ending 31 December 2019 will be a payment of 2.90 pence per ordinary share, which compares with a 2.70 pence per share third interim dividend this time last year. The dividend will be paid on 1 February 2019 to shareholders registered at the close of business on 4 January 2019. Please note this payment will include a Dividend Re-investment Plan facility, for which the election date will be 11 January 2019.
By order of the Board
BMO Investment Business Limited
Secretary
6 December 2019"

At least they have got the year of the announcement right!

This doesn't inspire a lot of confidence. No doubt an amended RNS will be issued shortly.

https://www.investegate.co.uk/f--38-c-i ... 15460197W/

[DavidM13]

Really you have to wonder how much effort goes into checking these:

"The Directors of the Company have resolved that the third interim dividend for the year ending 31 December 2019 will be a payment of 2.90 pence per ordinary share, which compares with a 2.70 pence per share third interim dividend this time last year. The dividend will be paid on 1 February 2019 to shareholders registered at the close of business on 4 January 2019. Please note this payment will include a Dividend Re-investment Plan facility, for which the election date will be 11 January 2019.
By order of the Board
BMO Investment Business Limited
Secretary
6 December 2019"

At least they have got the year of the announcement right!

This doesn't inspire a lot of confidence. No doubt an amended RNS will be issued shortly.

https://www.investegate.co.uk/f--38-c-i ... 15460197W/

Replacement already released https://www.londonstockexchange.com/exc ... 39242.html

[Luniversal]

I clocked this on Fri. and noticed that they had also got the comparative dividend rate wrong. A 7.4% rise for an interim is hardly credible unless accompanied by a rider about rebalancing, change in policy or whatever.

Lamentable slackness from the world's oldest collective fund. I imagine some junior filled in the blanks on the template and forgot to update the version published a year ago. Sir Philip Rose is spinning in his sarcophagus.

[monabri]

"By order of the Board"

Yes, "Mr Shelby".