The Directors of Manchester & London Investment Trust plc are proposing a final ordinary dividend of 7.0 pence per Share for the financial year 2021. Accordingly, on a per Share basis, the dividends proposed or paid out in respect of the 2021 financial year total 14.0 pence, including the 7.0 pence interim dividend paid in May 2021. These dividends represent a yield of 2.4% on the Share price as at the year-end (2020: 2.2%). Subject to the approval of Shareholders at the upcoming AGM, the proposed final ordinary dividend will be payable on 9 November 2021 to Shareholders on the register at the close of business on 15 October 2021. The ex-dividend date will be 14 October 2021.