Tritax Big Box REIT plc Dividend Declaration (6860W)
21 August 2015 - 4:00PM
UK Regulatory
TIDMBBOX
RNS Number : 6860W
Tritax Big Box REIT plc
21 August 2015
21 August 2015
TRITAX BIG BOX REIT PLC
(the "Company")
DIVIDEND DECLARATION
The Board of Directors of Tritax Big Box REIT plc (ticker: BBOX)
has today declared an interim dividend in respect of the period
from 1 June 2015 to 30 June 2015 of 0.5 pence per ordinary share,
payable on or around 23 September 2015 to shareholders on the
register on 4 September 2015. The ex-dividend date will be 3
September 2015.
This interim dividend will be a Property Income Distribution
("PID"). The Directors have decided not to offer a scrip
alternative in connection with this interim dividend.
The Company is targeting an aggregate dividend of 6.0 pence per
ordinary share for the year ending 31 December 2015(1) .
Note:
(1) The target dividend is a target only and not a profit
forecast. There can be no assurance that the target will be met and
it should not be taken as an indication of the Company's expected
or actual future results.
For further information, please contact:
Tritax Group via Newgate (below)
Colin Godfrey (Partner, Fund Manager)
Newgate (PR Adviser) Tel: 020 7680 6550
James Benjamin Email: tritax@newgatecomms.com
Alex Shilov
Andre Hamlyn
Jefferies International Limited Tel: 020 7029 8000
Gary Gould
Stuart Klein
Alex Collins
Akur Limited Tel: 020 7493 3631
Anthony Richardson
Tom Frost
Siobhan Sergeant
NOTES:
Tritax Big Box REIT plc is a real estate investment trust to
which Part 12 of the UK Corporation Tax Act 2010 applies ("REIT").
The Company invests in a portfolio of well-located, modern "Big
Box" assets, typically targeting buildings greater than 500,000 sq.
ft., let to institutional-grade tenants on long-term leases
(typically between 12 and 25 years in length) with upward-only rent
reviews (providing the potential for inflation linked earnings
growth), and with geographic and tenant diversification throughout
the UK. The Company seeks to exploit the significant opportunity in
this sub-sector of the UK logistics market owing to strong tenant
demand in high growth areas of the economy and limited stock
supply. The Company is the first listed vehicle to give pure
exposure to the "Big Box" asset class in the UK.
Further information on Tritax Big Box REIT is available at
www.tritaxbigbox.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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