August 28, 2017 / 1:13 AM / a month ago

BRIEF-Wheelock and Co announces conditional declaration of special dividend

Aug 28 (Reuters) - Wheelock And Co Ltd

* Declares a special dividend in form of wheelock distribution in specie of relevant I-Cable shares

* I-Cable shares, being 914.7 million I-Cable shares registered in names of members of wheelock group

* distributions in specie will be made in proportion of 44.63581 i-cable shares for every 100 wheelock shares then held.

* Upon completion of wheelock distribution in specie I-Cable will cease to be a subsidiary of Wheelock

* Upon completion of wheelock distribution in specie it is expected that revenue of wheelock group will decrease

* Announces conditional declaration of special dividend by distribution in specie of I-Cable shares Source text for Eikon: Further company coverage:

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