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Financials
Size
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Market Cap £283.3m
Enterprise Value £624.3m
Revenue £71.1m
Position in Universe 731st / 1805

NewRiver REIT plc - Scrip Dividend Option

Tue 7th December, 2021 3:59pm
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RNS Number : 8728U  NewRiver REIT PLC  07 December 2021

NewRiver REIT plc

 

("NewRiver" or the "Company")

Scrip Dividend Option

As previously announced on 25 November 2021, the NewRiver Board has declared
an interim dividend of 4.1 pence per share in respect of the six months ended
30 September 2021. This dividend will be paid as a Property Income
Distribution (PID).

As previously advised the dividend payment date will be 14 January 2022 and
the dividend will be paid to shareholders on the register at close of business
on 10 December 2021. The ex-dividend date will be 9 December 2021.

Shareholders can receive additional new ordinary shares in the Company instead
of their cash dividend, with no dealing charges or stamp duty incurred, under
the Company's scrip dividend scheme. To receive the scrip dividend,
shareholders need to make an election ahead of the dividend election date on
24 December 2021.

We intend to announce details of the price at which the new ordinary shares
will be issued via RNS on 16 December 2021 ahead of the dividend election
date. Certificates in respect of the new ordinary shares will be despatched on
the dividend payment date.

Scrip Dividend Scheme

At the Annual General Meeting held on 14 August 2020, shareholders approved
the renewal of the scrip dividend scheme. Shareholders can receive additional
shares in the Company instead of their cash dividend, with no dealing charges
or stamp duty incurred.

To elect to receive additional new ordinary shares of 1 penny each in the
capital of the Company instead of a cash dividend, shareholders need to log
onto www.signalshares.com (http://www.signalshares.com/)  and follow the
instructions. For certificated shareholders, the election will apply to all
future relevant dividends unless cancelled. For shareholders who hold their
shares in CREST, an election will be required for each relevant dividend.

Shareholders should read the scrip dividend scheme booklet, which contains the
terms and conditions applicable to the scrip dividend scheme, before deciding
to make an election. A copy of the scrip dividend scheme booklet can be found
on the "Scrip Dividend Scheme" web page within the "Investor Centre" section
of the Company's website www.nrr.co.uk (http://www.nrr.co.uk/)

If shareholders have any questions, please call Link Group on 0371 664 0321.
Calls are charged at the standard geographic rate and will vary by provider.
Calls outside the United Kingdom will be charged at the applicable
international rate. The helpline is open between 9.00 am - 5.30 pm, Monday to
Friday excluding public holidays in England and Wales. Please note that Link
Group cannot provide any financial, legal or tax advice and calls may be
recorded and monitored for security and training purposes.

Ends

For further information

 NewRiver REIT plc                       +44 (0)20 3328 5800

 Will Hobman (Chief Financial Officer)

 Kerin Williams (Company Secretary)

 

 

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