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Dividend Declaration

18th Jan 2018 07:00

RNS Number : 1943C
Secure Income REIT PLC
18 January 2018
 

18 January 2018

Secure Income REIT Plc

(the "Company")

Quarterly Dividend Declaration

The Board of Secure Income REIT Plc (AIM: SIR), the specialist long term income REIT, is pleased to declare today an interim dividend in respect of the year ended 31 December 2017 of 3.5 pence per Ordinary Share payable on 23 February 2018 to shareholders on the register on 26 January 2018. The ex-dividend date will be 25 January 2018.

 

The dividend will be paid as a Property Income Distribution in respect of the Company's tax exempt property rental business.

 

For further information on the Company, please contact:

Secure Income REIT Plc

Tel: +44 20 7647 7647

Sandy Gumm

Stifel Nicolaus Europe Limited (Nominated Adviser)

Tel: +44 20 7710 7600

David Arch

Tom Yeadon

Newgate Communications (PR Adviser)

Tel: +44 20 7680 6550

James Benjamin

Email: [email protected]

Steffan Williams

Anna Geffert

 

The Company's LEI is: 213800M1VI451RU17H40

 

About Secure Income REIT

Secure Income REIT specialises in generating long term, inflation protected, secure income from real estate investments. Its investment strategy is designed to satisfy investors' growing requirements for high quality, safe, inflation protected income flows.

 

At 30 June 2017, the Company's investment property portfolio was valued at £1.72 billion, producing £95.2 million per annum of rental income from long term leases with a weighted average unexpired term to expiry of over 22 years. All rental income is subject to fixed or RPI upwards only rent reviews.

 

The Company is advised by Prestbury Investments LLP which was adviser to Max Property Group plc until August 2014, when Max Property Group plc was sold to Blackstone Group. Prestbury Investments LLP is a partnership of real estate and finance professionals including Nick Leslau, Mike Brown, Tim Evans, Ben Walford and Sandy Gumm.

 

The Company's Board is chaired by Martin Moore and also comprises three further independent Directors in Leslie Ferrar, Jonathan Lane and Ian Marcus, as well as three members of the Prestbury Team in Nick Leslau, Mike Brown and Sandy Gumm.

 

The Company is a UK REIT which floated on the AIM segment of the London Stock Exchange in June 2014.

 

Further information on Secure Income REIT is available at: www.SecureIncomeREIT.co.uk

 

Dividend withholding tax deductions

 

Shareholders entitled to elect to receive distributions without deduction for withholding tax should complete the declaration form which is available in the Investor Centre of the Company's website, www.SecureIncomeREIT.co.uk or by request to [email protected] or by writing to the Company Secretary, Secure Income REIT Plc, Cavendish House, 18 Cavendish Square, London W1G 0PJ. Shareholders who qualify for gross payments are, principally, UK resident companies, certain UK public bodies, UK charities, UK pension schemes and the managers of ISAs, PEPs and Child Trust Funds, in each case subject to certain conditions. Individuals and non-UK residents do not qualify for gross payments of distributions and should not complete the declaration form.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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