Last checked at 26 Feb 2021 16:49
26 February 2021
Tritax EuroBox plc
(the "Company")
EXCHANGE RATE FOR DIVIDEND PAYMENT
On 10 February 2021, the Company declared an interim dividend in respect of the period from 1 October 2020 to 31 December 2020 of 1.25 cent per Ordinary Share, payable on 12 March 2021 to shareholders on the Register on 19 February 2021.
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 0.8693 resulting in an interim dividend of 1.0866 pence per Ordinary Share. 0.21 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 Nick Preston Mehdi Bourassi Jo Blackshaw/ Ian Brown (Investor Relations) | +44 (0) 20 7290 1616 |
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Maitland/AMO (Communications Adviser) James Benjamin | +44 (0) 20 7379 5151 tritax-maitland@maitland.co.uk |
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