The Dividend Access Plan enables UK resident shareholders of Hiscox Ltd to be paid dividends from a UK source with consequential UK tax treatment. UK resident individual shareholders are likely to wish to participate in the Dividend Access Plan because they will receive a tax credit on the dividend and the resulting tax charge will be less than if paid directly by Hiscox Ltd.
Further details of the Dividend Access Plan are set out in the Circular which includes the rules of the Dividend Access Plan.
If you are in any doubt as to the action you should take you are recommended to seek your own independent financial and tax advice from an appropriate independent financial adviser.
Participate in the Plan
To participate in the Dividend Access Plan, shareholders should complete, sign and return the Election Notice to the transfer agent at:
- Capita Registrars
- Hiscox Dividend Access Plan
- Corporate Actions
- The Registry
- 34 Beckenham Road
- Beckenham
- Kent BR3 4TU
- UK
Shareholders are entitled to join the Dividend Access Plan at any time. Dividends will be paid on the basis of the Dividend Access Plan if the transfer agents receive a complete signed Election Notice prior to the record date of that dividend.
Withdraw from the Plan
Shareholders who wish to withdraw from the Dividend Access Plan should complete, sign and return the Withdrawal Notice. An Election Notice or a Withdrawal Notice and a copy of the rules relating to the Dividend Access Plan are also available at any time on request from Hiscox's transfer agent at the address above.