Empiric Student Property PLC Dividend Declaration (5518E)
31 Octubre 2022 - 01:05AM
UK Regulatory
TIDMESP
RNS Number : 5518E
Empiric Student Property PLC
31 October 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 30 September 2022 of 0.625 pence per ordinary
share.
This dividend is payable on 25 November 2022 to shareholders on
the register at 11 November 2022. The ex-dividend date will be 10
November 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 to 31 December 2022. The
group expects dividends to be fully covered, paid quarterly and
progressive in nature . (1) .
FOR FURTHER INFORMATION, PLEASE CONTACT:
Empiric Student Property plc (via FTI Consulting below)
Duncan Garrood (Chief Executive Officer)
Donald Grant (Chief Financial & Sustainability
Officer)
Jefferies International Limited 020 7029 8000
Tom Yeadon
Andrew Morris
Peel Hunt LLP 020 7418 8900
Capel Irwin
Carl Gough
FTI Consulting (Communications Adviser
) 020 3727 1000
Dido Laurimore empiric@fticonsulting.com
Eve Kirmatzis
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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October 31, 2022 03:05 ET (07:05 GMT)
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