REG - Grit Real Estate Inc - Dividend Declaration

Grit Real Estate IncomeAnnouncement

28/02/2022 07:16

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RNS Number : 9467C  Grit Real Estate Income Group  28 February 2022

 GRIT REAL ESTATE INCOME GROUP LIMITED

 (Registered in Guernsey)

 (Registration number: 68739)

 LSE share code: GR1T

 SEM share code: DEL.N0000

 ISIN: GG00BMDHST63

 LEI: 21380084LCGHJRS8CN05

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

 

 

DIVIDEND DECLARATION

 

 

Grit Real Estate Income Group Limited, a leading pan-African real estate
company focused on investing in, developing and actively managing a
diversified portfolio of assets underpinned by predominantly US$ and Euro
denominated long-term leases with high quality multi-national tenants, advises
its Shareholders that a dividend of US$ 2.50 cents per share for the six
months ended 31 December 2021 has been approved and declared by the Board of
the Company. The source of the cash dividend is from rental income and
cum-dividend reserve.

 

Salient dates and times

 

 For shareholders on the Mauritian Register    2022
 Announcement of cash dividend on SEM and LSE  Monday, 28 February
 Last date to trade cum dividend               Tuesday, 15 March
 Shares trade ex-dividend                      Wednesday, 16 March
 Record date of dividend on the SEM            Friday, 18 March
 Payment date of dividend                      Friday, 29 April

 

Notes

1.  All dates and times quoted above are local dates and times in Mauritius.
The above dates and times are subject to change. Any changes will be released
on the SEM website.

2.  No dematerialisation or rematerialisation of share certificates may take
place between Wednesday, 16 March 2022 and Friday, 18 March 2022, both days
inclusive.

3.  Shareholders on the Mauritian sub-register who have opted to receive
their dividends through bank transfer, will be paid in US$.  Shareholders on
the Mauritian sub-register who have opted to receive their dividends by
cheque, will be provided with a MUR bank cheque, based on the US$:MUR exchange
rate prevailing on the payment date, being Friday, 29 April 2022.  Should the
latter shareholders wish to receive their dividends through bank transfer,
they are required to contact Grit's Mauritian Registrar and Transfer Agent,
Intercontinental Secretarial Services Limited (email:
Grit@intercontinentaltrust.com (mailto:Grit@intercontinentaltrust.com) | Tel:
+230 403 0800) by no later than Friday, 22 April 2022.

4.  There is no withholding tax payable in Mauritius.

 

 For shareholders on the UK Register               2022
 Announcement of cash dividend on SEM and LSE      Monday, 28 February
 Last date to trade cum dividend                   Tuesday, 15 March
 Shares trade ex-dividend                          Wednesday, 16 March
 Record date of dividend on the LSE                Friday, 18 March
 Last date for receipt of currency election forms  Friday, 18 March
 Payment date of dividend                          Friday, 29 April

 

Notes

1.  All dates and times quoted above are local dates and times in the UK. The
above dates and times are subject to change. Any changes will be released on a
Regulatory Information Service of the LSE.

2.  No dematerialisation or rematerialisation of share certificates may take
place between Wednesday, 16 March 2022 and Friday, 18 March 2022, both days
inclusive.

3.  Shareholders on the UK sub-register will receive dividends in US$.
However, shareholders can elect to have dividends paid in sterling (GBP) and
the option to elect a sterling dividend payment for this dividend will be
available to shareholders until Friday, 18 March 2022 (the "Election Date").

4.  Further details together with a copy of the Dividend Currency Election
Form, which should be sent to Link Asset Services, The Registry, 34 Beckenham
Road, Beckenham, Kent, BR3 4TU when completed, will be available on the
Company's website shortly at http://grit.group/.

 

By Order of the Board

28 February 2022

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 Grit Real Estate Income Group Limited
 Bronwyn Knight, Chief Executive Officer                           +230 269 7090
 Darren Veenhuis, Chief Strategy Officer and Investor Relations    +44 779 512 3402

 Maitland/AMO - Communications Adviser
 James Benjamin                                                    +44 7747 113 930
 Alistair de Kare-silver                                           Grit-maitland@maitland.co.uk (mailto:Grit-maitland@maitland.co.uk)

 finnCap Ltd - UK Financial Adviser
 William Marle / Teddy Whiley (Corporate Finance)                  +44 20 7220 5000
 Mark Whitfeld / Pauline Tribe (Sales)                             +44 20 3772 4697
 Monica Tepes (Research)                                           +44 20 3772 4698

 Perigeum Capital Ltd - SEM Authorised Representative and Sponsor
 Shamin A. Sookia                                                  +230 402 0894
 Kesaven Moothoosamy                                               +230 402 0898

 Capital Markets Brokers Ltd - Mauritian Sponsoring Broker
 Neetusha Aubeeluck                                                +230 402 0285

NOTES:

Grit Real Estate Income Group Limited is the leading pan-African real estate
company focused on investing in, developing and actively managing a
diversified portfolio of assets in carefully selected African countries
(excluding South Africa). These high-quality assets are underpinned by
predominantly US$ and Euro denominated long-term leases with a wide range of
blue-chip multi-national tenant covenants across a diverse range of robust
property sectors.

 

The Company holds its primary listing on the Main Market of the London Stock
Exchange (LSE: GR1T and a secondary listing on the Stock Exchange of Mauritius
(SEM: DEL.N0000).

 

Further information on the Company is available at http://grit.group/
(http://grit.group/)

 

Directors: Peter Todd+ (Chairman), Bronwyn Knight (Chief Executive Officer)*,
Leon van de Moortele (Chief Financial Officer)*, David Love+, Sir Samuel Esson
Jonah+, Nomzamo Radebe, Catherine McIlraith+, Jonathan Crichton+, Cross
Kgosidiile(+) and Bright Laaka+ (Permanent Alternate Director to Nomzamo
Radebe).

(* Executive Director) (+ independent Non-Executive Director)

 

Company secretary: Intercontinental Fund Services Limited

Registered address: PO Box 186, Royal Chambers, St Julian's Avenue, St Peter
Port, Guernsey GY1 4HP

Registrar and transfer agent (Mauritius): Intercontinental Secretarial
Services Limited

UK Transfer secretary: Link Asset Services Limited

SEM authorised representative and sponsor: Perigeum Capital Ltd

Mauritian sponsoring broker: Capital Markets Brokers Ltd

 

 

This notice is issued pursuant to the FCA Listing Rules and SEM Listing Rules
15.24 and the Mauritian Securities Act 2005.  The Board of the Company
accepts full responsibility for the accuracy of the information contained in
this communiqué.

 

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