EXHIBIT (a)(1)(iii)
OFFER BY
DELAWARE INVESTMENTS GLOBAL DIVIDEND AND INCOME FUND, INC.
TO PURCHASE FOR CASH
UP TO 10% OF ITS SHARES OF
COMMON STOCK
THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT
11:59 P.M., NEW YORK CITY TIME, ON JUNE 30, 2005
("EXPIRATION DATE"), UNLESS EXTENDED
THIS OFFER IS NOT CONDITIONED ON ANY MINIMUM NUMBER OF SHARES BEING
TENDERED, BUT IS SUBJECT TO OTHER CONDITIONS AS OUTLINED IN THE FUND'S OFFER
TO PURCHASE AND IN THE LETTER OF TRANSMITTAL.
June 3, 2005
To Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees:
We are enclosing herewith the material listed below relating to the offer of
Delaware Investments Global Dividend and Income Fund, Inc., a Maryland
corporation registered under the Investment Company Act of 1940, as amended,
as a closed-end, diversified management investment company (the "Fund"), to
purchase up to 10% of its outstanding shares of Common Stock, par value $0.01
(the "Shares") upon the terms and subject to the conditions set forth in its
Offer to Purchase dated June 3, 2005 and in the related Letter of Transmittal
(which together constitute the "Offer"). The price to be paid for the Shares
is an amount per Share, net to the seller in cash, equal to 100% of the net
asset value per Share as determined by the Fund as of 4:00 p.m., New York City
time, on July 1, 2005, unless the Expiration Date is extended beyond June 30,
2005. WHEN TENDERING SHARES ON BEHALF OF YOUR CLIENTS, YOU WILL BE REQUIRED TO
PAY, ON BEHALF OF THOSE CLIENTS, A SERVICE FEE IN AN AMOUNT EQUAL TO $25.00
PER CLIENT ACCOUNT. THE SERVICE FEE FOR A PARTICULAR CLIENT ACCOUNT WILL BE
RETURNED ONLY IN A CASE WHERE NONE OF THE SHARES TENDERED FOR THAT CLIENT
ACCOUNT HAVE BEEN ACCEPTED.
We are asking you to contact your clients for whom you hold Shares
registered in your name (or in the name of your nominee) or who hold Shares
registered in their own names. Please bring the Offer to their attention as
promptly as possible. No fees or commission will be payable to brokers,
dealers or other persons for soliciting tenders for Shares pursuant to the
Offer. The Fund will, however, upon request, reimburse you for reasonable and
customary mailing and handling expenses incurred by you in forwarding any of
the enclosed materials to your clients. The Fund will pay all transfer taxes
on its purchase of Shares, subject to Section 4, "Payment for Shares" of the
Offer to Purchase. HOWEVER, BACKUP WITHHOLDING AT A 28% RATE MAY BE REQUIRED
UNLESS EITHER AN EXEMPTION IS PROVED OR THE REQUIRED TAXPAYER IDENTIFICATION
INFORMATION AND CERTIFICATIONS ARE PROVIDED. SEE SECTION 2, "PROCEDURES FOR
TENDERING SHARES" OF THE OFFER TO PURCHASE.
For your information and for forwarding to your clients, we are enclosing
the following documents:
1. A letter to shareholders from the President of the Fund and the Offer to
Purchase dated June 3, 2005;
2. The Letter of Transmittal for your use and to be provided to your clients;
3. Guidelines for Certification of Taxpayer Identification Number on Substitute
Form W-9;
4. Notice of Guaranteed Delivery;
5. Form of letter to clients, which may be sent to your clients for whose
accounts you hold Shares registered in your name (or in the name of your
nominee); and
6. Return envelope addressed to the Depositary.
The Offer is not being made to, nor will the Fund accept tenders from,
holders of Shares in any State or other jurisdiction in which the Offer would
not be in compliance with the securities or Blue Sky laws of such
jurisdiction.
As described in the Fund's Offer to Purchase under Section 2, "Procedures
for Tendering Shares," tenders may be made without the concurrent deposit of
Share certificates if (1) such tenders are made by or through an Eligible
Guarantor (as defined in the Offer to Purchase); (2) a properly completed and
duly executed Notice of Guaranteed Delivery in the form provided by the Fund
is delivered to the Depositary prior to 5:00 p.m. New York City time on the
Expiration Date; and (3) certificates for tendered Shares (or a Book-Entry
Confirmation, as defined in the Offer to Purchase), together with a properly
completed and duly executed Letter of Transmittal (or, in the case of
book-entry transfer, an Agent's Message, as defined in the Offer to Purchase),
the $25.00 service fee payable in respect of the Shares tendered hereby and
any other documents required by the Letter of Transmittal, are received by the
Depositary within three New York Stock Exchange trading days after execution
of a Notice of Guaranteed Delivery.
As described in the Offer, if more than 10% of the Fund's outstanding Shares
are duly tendered prior to the Expiration Date, the Fund will repurchase 10%
of the Fund's outstanding Shares on a pro rata basis.
NEITHER THE FUND NOR ITS BOARD OF DIRECTORS MAKES ANY RECOMMENDATION TO ANY
SHAREHOLDER AS TO WHETHER TO TENDER ALL OR ANY SHARES.
Additional copies of the enclosed material may be obtained from the
Depositary at the appropriate address and telephone number set forth in the
Fund's Offer to Purchase. Any questions you have with respect to the Offer
should be directed to the Depositary at its address and telephone numbers set
forth in the Offer to Purchase.
Very truly yours,
DELAWARE INVESTMENTS GLOBAL DIVIDEND AND INCOME
FUND, INC.
/s/ Jude T. Driscoll
------------------------------------------------
JUDE T. DRISCOLL
Chairman, Director, Chief Executive Officer and
President
- --------------------------------------------------------------------------------
NOTHING CONTAINED HEREIN OR IN THE ENCLOSED DOCUMENTS SHALL CONSTITUTE YOU OR
ANY OTHER PERSON THE AGENT OF DELAWARE INVESTMENTS GLOBAL DIVIDEND AND INCOME
FUND, INC. OR THE DEPOSITARY/INFORMATION AGENT OR AUTHORIZE YOU OR ANY OTHER
PERSON TO MAKE ANY STATEMENTS OR USE ANY MATERIAL ON THEIR BEHALF WITH RESPECT
TO THE OFFER, OTHER THAN THE MATERIAL ENCLOSED HEREWITH AND THE STATEMENTS
SPECIFICALLY SET FORTH IN SUCH MATERIAL.
- --------------------------------------------------------------------------------
2