Empiric Student Property PLC Dividend Declaration (6003M)
24 Mayo 2022 - 4:03AM
UK Regulatory
TIDMESP
RNS Number : 6003M
Empiric Student Property PLC
24 May 2022
24 May 2022
Empiric Student Property plc
("Empiric" or the "Company" or, together with its subsidiaries,
the "Group")
DIVIDEND DECLARATION
Empiric Student Property plc (ticker: ESP), the owner and
operator of premium student accommodation serving key UK
universities, is pleased to declare an interim dividend in respect
of the quarter ended 31 March 2022 of 0.625 pence per ordinary
share.
This dividend is payable on 24 June 2022 to shareholders on the
register at 6 June 2022. The ex-dividend date will be 1 June 2022.
This dividend will be paid as a Property Income Distribution
("PID") in respect of the Company's tax-exempt property rental
business.
The Company continues to target a dividend of at least 2.5 pence
per ordinary share for its financial year 2022 and expects
dividends to be fully covered, paid quarterly and progressive in
nature. It plans to increase its dividend target as occupancy
levels normalise (1) .
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:
Empiric Student Property plc (via Maitland/amo below)
Duncan Garrood (Chief Executive Officer)
Lynne Fennah (Chief Financial & Sustainability
Officer)
Jefferies International Limited 020 7029 8000
Tom Yeadon
Andrew Morris
RBC Europe Limited (trading as RBC
Capital Markets) 020 7653 4000
Marcus Jackson
Elliot Thomas
07747 113 930 / 020 7379
Maitland/amo (Communications Adviser) 5151
James Benjamin empiric-maitland@maitland.co.uk
Alistair de Kare-Silver
The Company's LEI is 213800FPF38IBPRFPU87.
Further information on Empiric can be found on the Company's
website at www.empiric.co.uk .
Notes:
Empiric Student Property plc is a leading provider and operator
of modern, predominantly direct-let, premium student accommodation
serving key UK universities. Investing in both operating and
development assets, Empiric is a fully integrated operational
student property business focused on premium studio-led
accommodation managed through its Hello Student(R) operating
platform, that is attractive to affluent growing student
segments.
The Company, an internally managed real estate investment trust
("REIT") incorporated in England and Wales, listed on the premium
listing segment of the Official List of the Financial Conduct
Authority and was admitted to trading on the main market for listed
securities of the London Stock Exchange in June 2014.
Note:
(1) The target dividend is a target only and not a forecast.
There can be no assurance that the target will be met and it should
not be taken as an indication of the Company's expected or actual
future results.
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END
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May 24, 2022 05:03 ET (09:03 GMT)
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