Dividend Declaration

RNS Number : 5824C

Irish Residential Prop REIT PLC

23 February 2022

 

23 February 2022

Dividend Declaration

Irish Residential Properties REIT plc (the "Company") announces that further to the publication of its preliminary year end results for the period from 1 January 2021 to 31 December 2021, the board of the Company is pleased to announce that it has declared a dividend of 3.08 cent per share for the period ended 31 December 2021. The 3.08 cent per share will be wholly a Property Income Distribution ("PID") as defined by the Irish REIT legislation and will be paid on 29^th March 2022 to shareholders on record on 4^th March 2022.

For further information please contact:

For Investor Relations:

Irish Residential Properties REIT plc   

Sarah Stokes, Director Investor Relations  Tel: [phone]

Margaret Sweeney, Chief Executive Officer   Tel: [phone]

For Media Requests:

Q4PR

Gerry O'Sullivan  Tel: + 353 (0) 87 259 7644

About Irish Residential Properties REIT plc

Irish Residential Properties REIT plc (together with IRES Residential Properties Limited & IRES Fund Management Limited, the "Group") is a growth oriented Real Estate Investment Trust that is focused on acquiring, holding, managing and developing investments primarily focused on private residential rental accommodations in Ireland. The Group currently owns 3,915 apartments and houses for private rental in Dublin and Cork with an additional 91 units due for delivery before the end of H1 2022 under pre-purchase contracts and a further 44 units in 2023. The Company has a further 61 units currently under construction directly on owned sites due in H1 2022 and has planning approval to develop an additional 543 residential units on its existing sites. The Company's shares are listed on Euronext Dublin. Further information in respect of the Company can be obtained from the Company's website at   www.iresreit.ie .

Important information

This note applies if and to the extent that there are forward-looking statements in this Announcement .

This Announcement may contain forward-looking statements, which are subject to risks and uncertainties because they relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company or the industry in which it operates, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking statements referred to in this paragraph speak only as at the date of this Announcement. Except as required by law or by any appropriate regulatory authority, the Company will not undertake any obligation to release publicly any revision or updates to these forward-looking statements to reflect future events, circumstances, unanticipated events, new information or otherwise, including in respect of the Covid-19 pandemic, the uncertainty of its duration and impact, and any government regulations or legislation related to it.

 

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