Real Estate Investors PLC Q3 Dividend Declaration (4199I)
11 December 2020 - 11:59PM
UK Regulatory
TIDMRLE
RNS Number : 4199I
Real Estate Investors PLC
11 December 2020
11 December 20 20
Real Estate Investors Plc
("REI" or the "Company")
Q3 Dividend Declaration
Real Estate Investors Plc (AIM:RLE), the London Stock Exchange
listed Real Estate Investment Trust (REIT) with a portfolio of 1.6
million sq ft of commercial property in the Midlands property
market across all sectors, is pleased to announce that in
accordance with its progressive dividend policy, REI will pay a Q3
dividend of 0.5 pence per share for the period 1 July 20 20 to 30
September 20 20 . The payment will be made on 2 2 January 202 1 to
all shareholders on the register as at 4 January 202 1 . The
ex-dividend date will be 31 December 2020. This dividend will be a
non-Property Income Distribution (non-PID).
Enquiries:
Real Estate Investors Plc
Paul Bassi/Marcus Daly +44 (0)121 212 3446
Cenkos Securities
Katy Birkin/Ben Jeynes +44 (0)20 7397 8900
Liberum
Jamie Richards/William Hall +44 (0)20 3100 2000
Allenby Capital
Nick Naylor/Asha Chotai +44 (0)20 3328 5656
Novella Communications
Tim Robertson/Fergus Young +44 (0)20 3151 7008
About Real Estate Investors Plc
Real Estate Investors Plc is a publicly quoted, internally
managed property investment company and REIT with a portfolio of
1.59 million sq ft of mixed-use commercial property, managed by a
highly-experienced property team with over 100 years of combined
experience of operating in the Midlands property market across all
sectors. The Company's strategy is to invest in well located, real
estate assets in the established and proven markets across the
Midlands, with income and capital growth potential, realisable
through active portfolio management, refurbishment, change of use
and lettings. The portfolio has no material reliance on a single
asset or occupier. On 1st January 2015, the Company converted to a
REIT. Real Estate Investment Trusts are listed property investment
companies or groups not liable to corporation tax on their rental
income or capital gains from their qualifying activities. The
Company aims to deliver capital growth and income enhancement from
its assets, supporting its dividend policy, which has enjoyed 7
years of consecutive growth. Further information on
the Company can be found at www.reiplc.com .
The information contained in this announcement would have been
deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
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END
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