RNS Number : 1808Z
Care REIT PLC
04 March 2025
4 March 2025
Care REIT plc
("Care REIT" or the "Company" or, together with its subsidiaries, the "Group")
NOTICE OF ANNUAL RESULTS FOR THE 12 MONTHS ENDED 31 DECEMBER 2024
ANALYST & INVESTOR PRESENTATION
Care REIT plc (ticker: CRT), the real estate investment trust which gives investors exposure to a diversified portfolio of UK healthcare real estate assets, in particular care homes, expects to announce its annual results for the 12 months ended 31 December 2024 on Thursday, 13 March 2025.
A Company presentation for analysts and investors will take place on the day at 10.00am (UK) via a live webcast and conference call and Q&A.
To access the live webcast, please register in advance at:
https://brrmedia.news/CRT_FY24
The conference call dial-in is available using the below details:
Phone numbers:
020 3514 3188(UK) 1-412-902-6510(international)
Participant access code:
Care REIT - FY24 Results
If you would like to ask your questions verbally, please dial into the conference call. Alternatively, you can type questions into the webcast viewer.
The replay of the presentation will also be accessible on demand later in the day on the Company's website: www.carereit.co.uk.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Impact Health Partners LLP
Via H/Advisors Maitland
Andrew Cowley
Mahesh Patel
David Yaldron
Jefferies International Limited
020 7029 8000
Tom Yeadon
tyeadon@jefferies.com
Ollie Nott
onott@jefferies.com
Winterflood Securities Limited
020 3100 0000
Neil Langford
neil.langford@winterflood.com
Joe Winkley
joe.winkley@winterflood.com
H/Advisors Maitland (Communications advisor)
carereit-maitland@h-advisors.global
James Benjamin
07747 113 930
Billy Moran
020 7379 5151
The Company's LEI is 213800AX3FHPMJL4IJ53.
Further information on Care REIT plc is available at www.carereit.co.uk.
NOTES:
Care REIT plc (formerly Impact Healthcare REIT plc) acquires, renovates, extends and redevelops high quality healthcare real estate assets in the UK and lets these assets on long-term full repairing and insuring leases to high-quality established healthcare operators which offer good quality care, under leases which provide the Company with attractive levels of rent cover.
The Company aims to provide shareholders with an attractive sustainable return, principally in the form of quarterly income distributions and with the potential for capital and income growth, through exposure to a diversified and resilient portfolio of UK healthcare real estate assets, in particular care homes for the elderly.
The Company's dividend policy is to maintain a progressive dividend that is covered by adjusted earnings.
On this basis, the target total dividend for the year ending 31 December 2025 is 7.20 pence per share*, a 0.25 pence or 3.6% increase over the 6.95 pence in dividends paid or declared per ordinary share for the year ended 31 December 2024.
The Group's Ordinary Shares were admitted to trading on the main market of the London Stock Exchange, premium segment, on 8 February 2019. The Company is a constituent of the FTSE EPRA/NAREIT index.
* This 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 indicator of the Company's expected or actual results.
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