PRS REIT PLC (The) Dividend Declaration (2139W)
31 July 2018 - 4:02PM
UK Regulatory
TIDMPRSR
RNS Number : 2139W
PRS REIT PLC (The)
31 July 2018
31 July 2018
PRSR.L
The PRS REIT plc
(the "Company" or the "PRS REIT")
Dividend Declaration
The PRS REIT, the closed-ended real estate trust established to
invest in new-build homes in the Private Rented Sector, is pleased
to declare today an interim dividend of 2.5 pence per ordinary
share in respect of the period to 30 June 2018. This dividend,
which is a Non-Property Income Distribution, will be paid as an
ordinary UK dividend, and is payable on 31 August 2018 to
shareholders on the register on 10 August 2018. The ex-dividend
date will be 9 August 2018.
This brings the total dividend for the period from the launch of
the PRS REIT to 30 June 2018, the close of its financial year, to
5.0 pence per ordinary share, in line with the Company's previously
reported target.
For further information, please contact:
The PRS REIT plc Tel: 020 3178 6378 (c/o
Steve Smith, Non-executive Chairman KTZ Communications)
Sigma PRS Management Limited Tel: 0333 999 9926
Graham Barnet
Graeme Hogg
N+1 Singer Tel: 020 7496 3000
James Maxwell, Liz Yong, Ben Farrow (Corporate
Finance)
Stifel Tel: 020 7710 7600
Mark Young, Neil Winward, Gaudi Le Roux
G10 Capital Limited (AIFM) Tel: 020 3696 1302
Gerhard Grueter, Anthony Wood, Gaia Udage
KTZ Communications Tel: 020 3178 6378
Katie Tzouliadis, Emma Pearson
NOTES TO EDITORS
About The PRS REIT plc
(www.theprsreit.com)
The PRS REIT is a closed-ended real estate investment trust
established to invest in the Private Rented Sector and to provide
shareholders with an attractive level of income together with the
potential for capital and income growth. In its Initial Public
Offering, on 31 May 2017, the Company raised GBP250m gross equity
capital and, on 20 February 2018, it raised a further GBP250m
(gross) through an additional Placing. Both fundraisings were
supported by the UK Government's Homes England with a total of
c.GBP30m of direct investment.
This information is provided by RNS, the news service of the
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Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DIVWGUCCMUPRGAU
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