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| Date | 21 Dec 2022 |
| Time | 16:53:04 |
| Category | Capital structure |
| ID | 5292K |
21 December 2022
Tritax EuroBox plc
(the "Company")
EXCHANGE RATE FOR DIVIDEND PAYMENT
On 6 December 2022, the Company declared an interim dividend in respect of the period from 1 July 2022 to 30 September 2022 of 1.25 cents per Ordinary Share, payable on or around 13 January 2023 to shareholders on the Register on 16 December 2022.
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 0.8742 resulting in an interim dividend of 1.0928 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:
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Tritax Group Phil Redding Mehdi Bourassi Ian Brown (Investor Relations)
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+44 (0) 20 7290 1616 |
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Kekst CNC (Communications Adviser) Neil Maitland/Tom Climie
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+44 (0) 7971 578 507
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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