Tekla Life Sciences Investors Declares Stock Distribution
BOSTON--(BUSINESS WIRE)--On November 14, 2014, Tekla Life Sciences Investors (formerly H&Q Life Sciences Investors) declared a stock distribution of $0.47 per share. The record date for the stock distribution is November 26, 2014 and the payable date is December 31, 2014. The Fund will trade ex-distribution on November 24, 2014.
This stock distribution will automatically be paid in newly issued shares of the Fund unless otherwise instructed by the shareholder. The shares will be valued at the lower of the net asset value or market price on the pricing date, December 22, 2014. Fractional shares will generally be settled in cash, except for registered shareholders with book entry accounts at the transfer agent who will have whole and fractional shares added to their account.
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This stock distribution will automatically be paid in newly issued shares of the Fund unless otherwise instructed by the shareholder. The shares will be valued at the lower of the net asset value or market price on the pricing date, December 22, 2014. Fractional shares will generally be settled in cash, except for registered shareholders with book entry accounts at the transfer agent who will have whole and fractional shares added to their account.
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