Tritax EuroBox PLC Directorship Update (3524B)
29 Enero 2020 - 11:41AM
UK Regulatory
TIDMEBOX TIDMBOXE
RNS Number : 3524B
Tritax EuroBox PLC
29 January 2020
29 January 2020
TRITAX EUROBOX PLC
(the "Company")
directorship update
The Company notes that the Shareholders' Nomination Board of
Elisa Corporation ("Elisa") announced its intention to elect
Eva-Lotta Sjöstedt, a Non-Executive Director of the Company, as a
member of the Board at Elisa's Annual General Meeting on 2 April
2020. It is expected that Eva-Lotta's appointment will take effect
on this date.
Elisa is a telecommunications company which is registered on the
Nasdaq Helsinki.
In accordance with the Listing Rules, there is no further
information required to be disclosed pursuant to LR9.6.14R.
For further information, please contact:
Tritax Group
Hana Beard (Company Secretary) +44 (0) 20 7290 1616
Jefferies International Limited
Gary Gould
Stuart Klein +44 (0) 20 7029 8000
Kempen & Co N.V.
Dick Boer
Thomas ten Hoedt +31 (0) 20 348 8500
Akur Limited +44 (0)20 7493 3631
Anthony Richardson
Tom Frost
Siobhan Sergeant
Maitland/AMO (Communications Adviser) +44 (0) 20 7379 5151
James Benjamin Email: tritax-maitland@maitland.co.uk
The Company's LEI is: 213800HK59N7H979QU33.
NOTES:
Tritax EuroBox plc invests 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. Accordingly, potential investors should not place any
reliance on the target in deciding whether or not to invest in the
Company and should not assume that the Company will make any
distributions at all and should decide themselves whether or not
the target is reasonable or achievable.
This information is provided by RNS, the news service of the
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOAPPUUCGUPUGMB
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January 29, 2020 12:41 ET (17:41 GMT)
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