REG - Empiric Student Prop - CLARIFICATION OF DIVIDEND RATE

Empiric Student PropertyAnnouncement

05/09/2024 16:15

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RNS Number : 1292D  Empiric Student Property PLC  05 September 2024

 
 

Empiric Student Property plc

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

 

CLARIFICATION OF DIVIDEND RATE

 

In the announcement dated 15 August 2024, relating to the 'Interim Results for
Six Months Ending 30 June 2024', a typographical error is noted in the final
section of the financial review where it was stated that the forthcoming
dividend rate would be 0.8725 pence per share.  This should have stated 0.875
pence per ordinary share, as correctly referred to elsewhere and within the
Dividend Declaration announcement, also dated 15 August 2024.

The corrected text of the subject paragraph, which appears on page 15 of the
Interim Results Press Release on the Company's website, is restated below:

"Dividend

An interim dividend of 0.875 pence per share has been declared for the second
quarter of 2024, bringing total dividends paid and payable in respect of the
first half of 2024 to 1.75 pence per share. This is in line with our full year
target dividend of 3.5 pence per share announced alongside our full year
results in March 2024.

The dividend will be paid as a Property Income Distribution on 20 September
2024 to shareholders on the register at 6 September 2024."

 

All other details in the announcement, including the dividend declaration and
payment dates remain unchanged.

 

ENDS

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 Empiric Student Property plc                                 (via FTI Consulting below)
 Duncan Garrood (Chief Executive Officer)
 Donald Grant (Chief Financial & Sustainability Officer)

 FTI Consulting  (Communications Adviser)                     020 3727 1000
 Dido Laurimore                                               empiric@fticonsulting.com (mailto:empiric@fticonsulting.com)

 Eve Kirmatzis

The Company's LEI is 213800FPF38IBPRFPU87.

 

Further information on Empiric can be found on the Company's website at
www.empiric.co.uk (http://www.empiric.co.uk/) .

 

Notes:

Empiric Student Property plc is a leading provider and operator of modern,
predominantly direct-let, premium student accommodation serving key UK
universities. 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 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 under the Equity Shares 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. The Company is classified as a commercial company listed under
the UK Listing Rules and as such is not an alternative investment fund ("AIF")
for the purposes of the Alternative Investment Fund Managers Directive
("AIFMD") and is not required to provide investors with a Key information
Document ("KID") in accordance with the Packaged Retail and Insurance-based
Investment Products ("PRIIPs") regulations.

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