REG-Grit Real Estate Income Group Dividend declaration
28/02/2024 07:15
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Grit Real Estate Income Group (GR1T)
Dividend declaration
28-Feb-2024 / 07:00 GMT/BST
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GRIT REAL ESTATE INCOME GROUP LIMITED
(Registered in Guernsey)
(Registration number: 68739)
LSE share code: GR1T
SEM share code (dual currency trading): DEL.N0000 (USD) / DEL.C0000
(MUR)
ISIN: GG00BMDHST63
LEI: 21380084LCGHJRS8CN05
(“Grit” or the “Company” and, together with its subsidiaries, the
"Group")
DIVIDEND DECLARATION
The Board of directors of Grit (the “Board”) is pleased to announce its
Shareholders that a gross dividend of US$1.50 cents per share for the six
months ended 31 December 2023 has been approved and declared by the Board.
The source of the cash dividend is from distributable operating earnings.
The salient dates and times of the dividend declared are as follows:
• For shareholders on the Mauritian Register
Announcement of cash dividend on the Stock Wednesday, 28 February 2024
Exchange of Mauritius Ltd (“SEM”)
Last date to trade cum dividend Tuesday, 2 April 2024
Shares trade ex-dividend on the SEM Wednesday, 3 April 2024
Record date of dividend Friday, 5 April 2024
Payment date of dividend Wednesday, 15 May 2024
Notes
1. All dates and times quoted above are local dates and times in
Mauritius. The above dates and times are subject to change. Any
changes will be released on the SEM website.
2. No dematerialisation or rematerialisation of share certificates on the
SEM register may take place between Wednesday, 3 April 2024 and
Friday, 5 April 2024, both days inclusive.
3. Shareholders on the Mauritian sub-register who have opted to receive
their dividends through bank transfer, will be paid in US$.
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$:MUR exchange rate prevailing on the payment date,
being Wednesday, 15 May 2024. Should the latter shareholders wish to
receive their dividends through bank transfer, they are required to
contact Grit’s Mauritian Registrar and Transfer Agent,
Intercontinental Secretarial Services Limited (email:
1 Grit@intercontinentaltrust.com | Tel: +230 403 0800) by no later
than 8 May 2024.
4. There is no withholding tax payable in Mauritius.
• For shareholders on the UK Register
Announcement of cash dividend on the London Wednesday, 28 February 2024
Stock Exchange (“LSE”)
Last date to trade cum dividend Tuesday, 2 April 2024
Shares trade ex-dividend on the LSE Thursday, 4 April 2024
Record date of dividend Friday, 5 April 2024
Last date for receipt of currency election Friday, 5 April 2024
forms
Payment date of dividend Wednesday, 15 May 2024
Notes
1. All dates and times quoted above are local dates and times in the UK.
The above dates and times are subject to change. Any changes will be
released on a Regulatory Information Service of the LSE.
2. No dematerialisation or rematerialisation of share certificates on the
UK register may take place between Thursday, 4 April 2024 and Friday,
5 April 2024, both days inclusive.
3. Shareholders on the UK sub-register will receive dividends in US$.
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, 5 April 2024.
4. Further details together with a copy of the Dividend Currency Election
Form, which should be sent to Link Group, Central Square, 29
Wellington Street, Leeds, LS1 4DL when completed, will be available on
the Company's website shortly at 2 http://grit.group.
By Order of the Board
28 February 2024
FOR FURTHER INFORMATION, PLEASE CONTACT:
Grit Real Estate Income Group Limited
Bronwyn Knight, Chief Executive Officer +230 269 7090
Darren Veenhuis, Investor Relations +44 779 512 3402
Cavendish Capital Markets Limited – UK Financial Adviser
James King/Teddy Whiley (Corporate Finance) +44 20 7220 0500
Justin Zawoda-Martin / Daniel Balabanoff / Pauline Tribe +44 20 3772 4697
(Sales)
Perigeum Capital Ltd – SEM Authorised Representative and
Sponsor
Shamin A. Sookia +230 402 0894
Darren Chinasamy +230 402 0898
Capital Markets Brokers Ltd – Mauritian Sponsoring Broker
Elodie Lan Hun Kuen +230 402 0280
NOTES:
Grit Real Estate Income Group Limited is the leading pan-African woman led
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 is committed to delivering strong and sustainable income for
shareholders, with the potential for income and capital growth.
The Company holds its primary listing on the Main Market of the London
Stock Exchange (LSE: GR1T and a dual currency trading secondary listing on
the Stock Exchange of Mauritius (SEM: DEL.N0000 (USD) / DEL.C0000 (MUR)).
Further information on the Company is available at 3 http://grit.group.
Directors: Peter Todd (Chairman), Bronwyn Knight (Chief Executive
Officer)*, Gareth Schnehage (Chief Financial Officer)*, David Love+,
Catherine McIlraith+, Jonathan Crichton+, Cross Kgosidiile, Nigel Nunoo+
and Lynette Finlay+.
(* 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 Market 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, SEM Listing Rule
15.24 and the Mauritian Securities Act 2005. The Board accepts full
responsibility for the accuracy of the information contained in this
communiqué.
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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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ISIN: GG00BMDHST63
Category Code: DIV
TIDM: GR1T
LEI Code: 21380084LCGHJRS8CN05
Sequence No.: 306370
EQS News ID: 1846657
End of Announcement EQS News Service
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References
Visible links
1. mailto:Grit@intercontinentaltrust.com
2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=cb117b4eb74e6e252f0c10719fa8cd7f&application_id=1846657&site_id=reuters8&application_name=news
3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=980266a3fe63215574e8ab887474abf9&application_id=1846657&site_id=reuters8&application_name=news
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