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Notice of Results

20 Nov 2019 15:48

RNS Number : 1109U
Tritax EuroBox PLC
20 November 2019
 

20 November 2019

TRITAX EUROBOX PLC

(the "Company")

NOTICE OF RESULTS

Tritax EuroBox plc (tickers: EBOX (Sterling), BOXE (Euro)), which invests in Continental European logistics real estate assets, will announce its results for the period from 1 July 2018 to 30 September 2019 on Tuesday, 10 December 2019.

 

A Company presentation for analysts and investors will be held at 8.30am on the day at the offices of Jefferies International Limited, 100 Bishopsgate, London, EC2N 4JL. The presentation will also be accessible via a live conference call and webcast and on-demand later in the day from the Company website: https://www.tritaxeurobox.co.uk/investors/.

 

Those wishing to attend the presentation or access the live conference call/webcast are kindly asked to contact Maitland on tritax-maitland@maitland.co.uk or by telephone on +44 (0) 20 7379 5151.

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

Tritax Group

+44 (0) 20 7290 1616

Nick Preston

James Dunlop

Jefferies International Limited

+44 (0) 20 7029 8000

Gary Gould

Stuart Klein

Kempen & Co N.V.

+31 (0) 20 348 8500

Dick Boer

Thomas ten Hoedt

Akur Limited

+44 (0)20 7493 3631

Anthony Richardson

Tom Frost

Siobhan Sergeant

Maitland/AMO (Communications Adviser)

+44 (0) 20 7379 5151

James Benjamin

tritax-maitland@maitland.co.uk

The Company's LEI is: 213800HK59N7H979QU33

 

NOTES:

Tritax EuroBox plc invests in and manages a well-diversified portfolio of well-located Continental European logistics real estate assets that are expected to deliver an attractive capital return and secure income to shareholders. These assets fulfil key roles in the logistics and distribution supply-chain focused on the most established logistics markets and on the major population centres across core Continental European countries.

 

Occupier demand for Continental European logistics assets is in the midst of a major long-term structural change principally driven by the growth of e-commerce. This is evidenced by technological advancements, increased automation and supply-chain optimisation, set against a backdrop of resurgent economic growth across much of Continental Europe.

 

The Company is targeting, on a fully invested and geared basis, an initial Ordinary Share dividend yield of 4.75% p.a.1, which is expected to increase progressively through regular indexation events inherent in underlying lease agreements, and a total return on the Ordinary Shares of 9.0% p.a.1 over the medium-term. The Company intends to pay dividends on a quarterly basis with shareholders able to receive dividends in Sterling or Euro.

 

Further information on Tritax EuroBox plc is available at www.tritaxeurobox.co.uk

 

1. Euro denominated returns, by reference to IPO issue price. These are targets only and not profit forecasts. There can be no assurances that these targets will be met and they should not be taken as indications of the Company's expected or actual future 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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