Dividend Declaration

RNS Number : 2118H

PRS REIT PLC (The)

31 July 2019

 

31 July 2019

PRSR.L

The PRS REIT plc

(the "Company" or the "PRS REIT")

Dividend Declaration

The PRS REIT, the closed-ended real estate investment trust established to invest in new-build homes in the Private Rented Sector, is pleased to declare today an interim dividend of 2.0 pence per ordinary share in respect of the fourth quarter period covering 1 April 2019 to 30 June 2019. This dividend, which is a non-Property Income Distribution, will be paid as an ordinary UK dividend, and is payable on 31 August 2019 to shareholders on the register on 9 August 2019. The ex-dividend date will be 8 August 2019.

This brings the total dividend for the financial year from 1 July 2018 to 30 June 2019 to 5.0 pence per ordinary share.

For further information, please contact:

The PRS REIT plc Steve Smith, Non-executive Chairman	Tel: [phone] (c/o KTZ Communications)
Sigma PRS Management Limited Graham Barnet                                                    Malcolm Briselden	Tel: [phone]
N+1 Singer  James Maxwell, James Moat, Ben Farrow	Tel: [phone]
G10 Capital Limited (AIFM) Gerhard Grueter	Tel: [phone]
KTZ Communications Katie Tzouliadis, Dan Mahoney	Tel: [phone]

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.  It has raised a total of £500m (gross) through its Initial Public Offering, on 31 May 2017, and a subsequent placing in February 2018. Both fundraisings were supported by the UK Government's Homes England with direct investments.

LEI: 21380037Q91HU97WZX58

About Sigma Capital Group plc
(www.sigmacapital.co.uk)

Sigma Capital Group plc is a private rented sector, residential development, and urban regeneration specialist, with offices in Edinburgh, Manchester and London. Sigma's principal focus is on the delivery of large scale housing schemes for the private rented sector. It has a well-established track record in assisting with property-related regeneration projects in the public sector, acting as a bridge between the public and private sectors.  Its subsidiary, Sigma PRS Management Limited, is Investment Adviser to The PRS REIT plc.

About Sigma PRS Management Limited

Sigma PRS Management Limited is an appointed representative of G10 Capital Limited which is authorised and regulated by the Financial Conduct Authority (FRN:648953) and is a wholly-owned subsidiary of AIM-quoted Sigma Capital Group plc and is Investment Adviser to The PRS REIT plc. It sources investments and manages the assets of The PRS REIT plc and advises the Alternative Investment Fund Manager ("AIFM") and The PRS REIT plc on a day-to-day basis in accordance with The PRS REIT plc's Investment Policy.

 

END

 

 

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