Tritax Big Box REIT plc Dividend Declaration (6860W)

TIDMBBOX

RNS Number : 6860W

Tritax Big Box REIT plc

21 August 2015

21 August 2015

TRITAX BIG BOX REIT PLC

(the "Company")

DIVIDEND DECLARATION

The Board of Directors of Tritax Big Box REIT plc (ticker: BBOX) has today declared an interim dividend in respect of the period from 1 June 2015 to 30 June 2015 of 0.5 pence per ordinary share, payable on or around 23 September 2015 to shareholders on the register on 4 September 2015. The ex-dividend date will be 3 September 2015.

This interim dividend will be a Property Income Distribution ("PID"). The Directors have decided not to offer a scrip alternative in connection with this interim dividend.

The Company is targeting an aggregate dividend of 6.0 pence per ordinary share for the year ending 31 December 2015(1) .

Note:

(1) The target dividend is a target only and not a profit 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.

For further information, please contact:

 
 Tritax Group                             via Newgate (below) 
  Colin Godfrey (Partner, Fund Manager) 
 
 Newgate (PR Adviser)                     Tel: [phone] 
  James Benjamin                           Email: [e-mail] 
  Alex Shilov 
  Andre Hamlyn 
 Jefferies International Limited          Tel: [phone] 
  Gary Gould 
  Stuart Klein 
  Alex Collins 
 
 Akur Limited                             Tel: [phone] 
  Anthony Richardson 
  Tom Frost 
  Siobhan Sergeant 
 

NOTES:

Tritax Big Box REIT plc is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies ("REIT"). The Company invests in a portfolio of well-located, modern "Big Box" assets, typically targeting buildings greater than 500,000 sq. ft., let to institutional-grade tenants on long-term leases (typically between 12 and 25 years in length) with upward-only rent reviews (providing the potential for inflation linked earnings growth), and with geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand in high growth areas of the economy and limited stock supply. The Company is the first listed vehicle to give pure exposure to the "Big Box" asset class in the UK.

Further information on Tritax Big Box REIT is available at www.tritaxbigbox.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

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August 21, 2015 02:00 ET (06:00 GMT)