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RLE Real Estate Investors Plc

33.50
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Real Estate Investors Plc LSE:RLE London Ordinary Share GB00B45XLP34 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 33.50 33.00 34.00 33.50 33.50 33.50 106,842 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Operators-nonres Bldgs 13.29M 10.93M 0.0633 5.29 57.84M

Real Estate Investors PLC Q3 Dividend Declaration (4199I)

11/12/2020 12:59pm

UK Regulatory


Real Estate Investors (LSE:RLE)
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TIDMRLE

RNS Number : 4199I

Real Estate Investors PLC

11 December 2020

11 December 20 20

Real Estate Investors Plc

("REI" or the "Company")

Q3 Dividend Declaration

Real Estate Investors Plc (AIM:RLE), the London Stock Exchange listed Real Estate Investment Trust (REIT) with a portfolio of 1.6 million sq ft of commercial property in the Midlands property market across all sectors, is pleased to announce that in accordance with its progressive dividend policy, REI will pay a Q3 dividend of 0.5 pence per share for the period 1 July 20 20 to 30 September 20 20 . The payment will be made on 2 2 January 202 1 to all shareholders on the register as at 4 January 202 1 . The ex-dividend date will be 31 December 2020. This dividend will be a non-Property Income Distribution (non-PID).

Enquiries:

 
Real Estate Investors Plc 
 Paul Bassi/Marcus Daly        +44 (0)121 212 3446 
Cenkos Securities 
 Katy Birkin/Ben Jeynes        +44 (0)20 7397 8900 
Liberum 
 Jamie Richards/William Hall   +44 (0)20 3100 2000 
Allenby Capital 
 Nick Naylor/Asha Chotai       +44 (0)20 3328 5656 
Novella Communications 
 Tim Robertson/Fergus Young      +44 (0)20 3151 7008 
 

About Real Estate Investors Plc

Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.59 million sq ft of mixed-use commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors. The Company's strategy is to invest in well located, real estate assets in the established and proven markets across the Midlands, with income and capital growth potential, realisable through active portfolio management, refurbishment, change of use and lettings. The portfolio has no material reliance on a single asset or occupier. On 1st January 2015, the Company converted to a REIT. Real Estate Investment Trusts are listed property investment companies or groups not liable to corporation tax on their rental income or capital gains from their qualifying activities. The Company aims to deliver capital growth and income enhancement from its assets, supporting its dividend policy, which has enjoyed 7 years of consecutive growth. Further information on

the Company can be found at   www.reiplc.com . 

The information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

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.

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END

DIVFFWFEFESSEIE

(END) Dow Jones Newswires

December 11, 2020 07:59 ET (12:59 GMT)

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