TICC Capital Corp.
TICC announced today that on May 30, 2012, the Board of
Directors of TICC Capital Corp. (the "Company") approved an amended
and restated dividend reinvestment plan (the "Amended Dividend
Reinvestment Plan"), effective as of May 30, 2012. Pursuant to the
Amended Dividend Reinvestment Plan, the number of shares to be issued
to a stockholder thereunder in connection with any distribution will
now be determined by dividing the total dollar amount of the
distribution payable to such stockholder by an amount equal to ninety
five (95%) percent of the market price per share of the Company's
common stock at the close of regular trading on the Nasdaq Global
Select Market on the valuation date fixed by the Company's Board of
Directors for such distribution. Other than this discount on the
dividend reinvestment and certain ministerial corrections to the plan
document, no other changes were made in the Amended Dividend
Reinvestment Plan.
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