REG - Tritax EuroBox PLC Tritax EuroBox -BOXE - EXCHANGE RATE FOR DIVIDEND PAYMENT

Tritax EuroBoxAnnouncement

01/03/2024 15:45

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RNS Number : 3327F  Tritax EuroBox PLC  01 March 2024

 

1 March 2024

 

Tritax EuroBox plc

(the "Company")

EXCHANGE RATE FOR DIVIDEND PAYMENT

On 15 February 2024, the Company declared an interim dividend in respect of
the period from 1 October 2023 to 31 December 2023 of 1.25 cent per Ordinary
Share, payable on or around 14 March 2024 to shareholders on the Register on
23 February 2024.

 

In accordance with the Company's dividend policy, dividends are declared in
Euro and paid, by default, in Sterling. The Euro/Sterling exchange rate for
dividend payments made in Sterling has been determined as 0.8555, resulting in
an interim dividend of 1.0693 pence per Ordinary Share. 0.42 cent of each 1.25
cent dividend per Ordinary Share will be designated as interest distribution*.

 

Note:

 

* As an investment trust under Chapter 4 of Part 24 of the Corporation Tax Act
2010 ("CTA 2010"), the Company has elected for the "streaming regime" (the
modified UK tax treatment permitted under CTA 2010) to apply to the dividend
paid in respect of "qualifying interest income" with such dividend designated
by the Company as an "interest distribution", and shareholders will be taxed
accordingly.

 

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 Tritax Group                           +44 (0) 20 7290 1616

 Phil Redding

 Mehdi Bourassi

 Charles Chalkly (Investor Relations)

 Kekst CNC (Communications Adviser)     +44 (0) 7971 578 507

 Guy Bates /Tom Climie                  tritax@kekstcnc.com (mailto:tritax@kekstcnc.com)

 

The Company's LEI is: 213800HK59N7H979QU33.

 

Notes:

Tritax EuroBox plc invests in and manages a well-diversified portfolio of
well-located Continental European logistics real estate assets that are
delivering an attractive capital return and secure income to shareholders.
These assets fulfil key roles in the logistics and distribution supply-chain
focused on the most established logistics markets and on the major population
centres across core Continental European countries.

Occupier demand for Continental European logistics assets is in the midst of a
major long-term structural change principally driven by the growth of
e-commerce. This is evidenced by technological advancements, increased
automation and supply-chain optimisation.

The Company's Manager, Tritax Management LLP, has assembled a full-service
European logistics asset management capability including specialist "on the
ground" asset and property managers with strong market standings in the
Continental European logistics sector.

Further information on Tritax EuroBox plc is available
at www.tritaxeurobox.co.uk (http://www.tritaxeurobox.co.uk/)

 

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