REG - NewRiver REIT plc - Dividend Declaration

Newriver ReitAnnouncement

28/11/2023 15:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231128:nRSb9497Ua&default-theme=true

RNS Number : 9497U  NewRiver REIT PLC  28 November 2023

28 November 2023

NewRiver REIT plc

 

("NewRiver" or the "Company")

 

Dividend Declaration

As announced on 23 November 2023, the NewRiver Board has declared a dividend
of 3.4 pence per share in respect of the six months ended 30 September 2023.
This dividend will be paid as a Property Income Distribution (PID).

The dividend payment date will be 16 January 2024 and the dividend will be
paid to shareholders on the register at close of business on 8 December 2023.
The ex-dividend date will be 7 December 2023.

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
22 December 2023.

Details of the price at which the new ordinary shares will be issued will be
announced via RNS 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 26 July 2023, 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 " web page within the "Investors" 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 0300.
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)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DIVGZMZMKRZGFZM