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Share Name Share Symbol Market Type Share ISIN Share Description
Empiric Student Property Plc LSE:ESP London Ordinary Share GB00BLWDVR75 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.30 -2.58% 86.70 87.00 87.20 88.10 87.00 88.00 857,824 16:35:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 56.0 29.2 4.8 17.9 523

Empiric Student Property PLC Dividend Declaration

29/10/2021 7:00am

UK Regulatory (RNS & others)


Empiric Student Property (LSE:ESP)
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RNS Number : 6487Q

Empiric Student Property PLC

29 October 2021

29 October 2021

Empiric Student Property plc

("Empiric" or the "Company" or, together with its subsidiaries, the "Group")

DIVIDEND DECLARATION

In line with its announcement on 12 August 2021, Empiric Student Property plc (ticker: ESP), the owner and operator of premium student accommodation across the UK, has today declared a dividend of 2.50 pence per Ordinary Share.

This dividend is payable on 3 December 2021 to all Ordinary Shareholders on the register on 12 November 2021. The ex-dividend date will be 11 November 2021. This dividend will be paid as a Property Income Distribution ("PID") in respect of the Company's tax-exempt property rental business and comprises the PID distribution requirement of 1 pence per share for the financial year 2019 and 1.5 pence per share for 2020.

The Company intends to announce a business and trading update next week.

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 & Operating 
  Officer) 
 
 Jefferies International Limited              020 7029 8000 
 Stuart Klein 
 Tom Yeadon 
 
 RBC Europe Limited (trading as RBC 
  Capital Markets)                            020 7653 4000 
 Charlie Foster 
  Marcus Jackson 
 
 Maitland/AMO (Communications Adviser)        07747 113 930 
 James Benjamin                               empiric-maitland@maitland.co.uk 
 
 

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 located in high-demand university towns and cities across the UK. 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DIVMPBLTMTJTBMB

(END) Dow Jones Newswires

October 29, 2021 02:00 ET (06:00 GMT)

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