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Pin to quick picksREI Regulatory News (RLE)

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31.50    0.00 (0.00%)
Bid:
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Spread: 1.00 (3.226%)
Market Cap: £55.08m
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Q3 Dividend Declaration

13 Dec 2021 07:00

RNS Number : 3548V
Real Estate Investors PLC
13 December 2021
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Real Estate Investors Plc

("REI" or the "Company" or the "Group")

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Q3 Dividend Declaration

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Real Estate Investors Plc (AIM:RLE), the London Stock Exchange listed Real Estate Investment Trust (REIT) with a portfolio of 1.5 million sq ft of commercial property in the Midlands property market across all sectors, is pleased to announce that it will pay a Q3 dividend of 0.75 pence per share for the period 1 July 2021Β to 30 September 2021. The payment will be made on 21 January 2022Β to all shareholders on the register as atΒ 31 December 2021.

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The ex-dividend date will beΒ 30 DecemberΒ 2021. This dividend will be a non-Property Income Distribution (non-PID).

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Enquiries:

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Real Estate Investors Plc

Paul Bassi/Marcus Daly

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+44 (0)121 212 3446

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Cenkos Securities

Katy Birkin/Ben Jeynes

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+44 (0)20 7397 8900

Liberum

Jamie Richards/William Hall

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+44 (0)20 3100 2000

Novella Communications

Tim Robertson/Fergus Young

+44 (0)20 3151 7008

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The information communicated in this announcement contains inside information for the purposes of Article 7 of the UK version of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time.

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About Real Estate Investors Plc

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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.

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct 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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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