Tritax EuroBox PLC Notice of Half Year Results (7888M)

TIDMEBOX TIDMBOXE

RNS Number : 7888M

Tritax EuroBox PLC

13 May 2020

13 May 2020

Tritax EuroBox plc

(the "Company")

NOTICE OF HALF YEAR RESULTS

The Board of Tritax EuroBox plc (ticker: EBOX (Sterling) and BOXE Euro)), which invests in Continental European logistics real estate assets, confirms that the Company will announce its half year results for the six months ended 31 March 2020 on Tuesday, 19 May 2020.

The Company presentation of its half year results to analysts and investors will take place via a live conference call and webcast at 9am on the day .

Those wishing to access the live webcast please register here: https://www.investis-live.com/tritaxeurobox/5ea856601e16cc0a00adc690/oyrd .

Those wishing to access the live conference call are kindly asked to contact Maitland/AMO at [e-mail] or by telephone on [phone].

A recording of the presentation will be available on-demand later in the day via the Company website: https://www.tritaxeurobox.co.uk/investors/results-centre/ .

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
 Tritax Group                       [phone] 
 Nick Preston 
  Mehdi Bourassi 
 
 Jefferies International Limited    [phone] 
 Stuart Klein 
  Tom Yeadon 
 
 Kempen & Co                        [phone] 
 Dick Boer 
  Thomas ten Hoedt 
 Akur Limited                       [phone] 
 Anthony Richardson 
  Tom Frost 
  Siobhan Sergeant 
 
 Maitland/AMO (Communications 
  Adviser)                          [phone] 
 James Benjamin                     [e-mail] 
 

The Company's LEI is: 213800HK59N7H979QU33.

NOTES:

Tritax EuroBox plc invests in 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.

The Company's Manager, Tritax Management LLP, has assembled a full-service European logistics asset management capability including specialist "on the ground" asset and property managers with strong market standings in the Continental European logistics sector.

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 pays 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.tri taxeurobox.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.

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May 13, 2020 06:32 ET (10:32 GMT)