Q3 Dividend Declaration

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	[phone]
Cenkos Securities Katy Birkin/Ben Jeynes	[phone]
Liberum Jamie Richards/William Hall	[phone]
Allenby Capital Nick Naylor/Asha Chotai	[phone]
Novella Communications Tim Robertson/Fergus Young	[phone]

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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