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EPRA INDEX INCLUSION

7 Jun 2019 07:00

RNS Number : 4569B
Impact Healthcare REIT PLC
07 June 2019
 

7 June 2019

IMPACT HEALTHCARE REIT PLC

(the "Company" or, together with its subsidiaries, the "Group")

EPRA INDEX INCLUSION

The board of Directors (the "Board") of Impact Healthcare REIT plc (ticker: IHR), the real estate investment trust which provides investors with exposure to a diversified portfolio of UK healthcare real estate assets, in particular residential care homes, is pleased to advise that it has been notified by the European Public Real Estate Association ("EPRA"), that the Company will be added to the FTSE EPRA/NAREIT Global Real Estate Index Series as of Monday 24 June 2019, having successfully satisfied the required eligibility criteria during the Index's recent Quarterly Review.

 

Rupert Barclay, Non-executive Chairman of Impact Healthcare REIT plc, commented:

"The Board is delighted that the Company will be added to the FTSE EPRA/NAREIT Index Series from 24 June 2019, which is widely followed by global real estate investors and we expect will assist in continuing to diversify further the Company's investor base and to increase liquidity in our shares."

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

Impact Health Partners LLP

Mahesh Patel

Andrew Cowley

via Maitland/AMO

Winterflood Securities Limited

Joe Winkley

Neil Langford

Tel: 020 3100 0000

RBC Capital Markets

Rupert Walford

Matthew Coakes

 

Tel: 020 7653 4000

 

Maitland/AMO (Communications Adviser)

James Benjamin

Andy Donald

Tel: 020 7379 5151

Email: impacthealth-maitland@maitland.co.uk

 

The Company's LEI is: 213800AX3FHPMJL4IJ53. Its home member state is the United Kingdom.

 

NOTES

Impact Healthcare REIT plc is a real estate investment trust ("REIT") which aims to provide shareholders with an attractive return, principally in the form of quarterly income distributions and with the potential for capital and income growth, through exposure to a diversified portfolio of UK healthcare real estate opportunities, in particular residential care homes. The Group's investment policy is to acquire, renovate, extend and redevelop high quality healthcare real estate assets in the UK and lease those assets primarily to healthcare operators providing residential healthcare services under full repairing and insuring leases.

 

The Company's intention is to pay a target dividend of 6.17 pence per share for the year to 31 December 20191.

 

The Company will seek to grow the target dividend in line with the inflation-linked rental uplifts received by the Group under the terms of the rent review provisions contained in the Group's leases in the prior financial year.

 

The Company's ordinary shares are admitted to premium segment of the Official List of the UK Financial Conduct Authority and to trading on the Main Market for listed securities of the London Stock Exchange.

 

¹ This is a target only and not a profit forecast. There can be no assurance that the target will be met and it should not be taken as an indicator of the Company's expected or actual results.

 

 

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.
 
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