DJ Dividend declaration
Grit Real Estate Income Group (GR1T)
Dividend declaration
28-Feb-2024 / 07:00 GMT/BST
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GRIT REAL ESTATE INCOME GROUP LIMITED
(Registered in Guernsey)
(Registration number: 68739)
LSE share code: GR1T
SEM share code (dual currency trading): DEL.N0000 (USD) / DEL.C0000 (MUR)
ISIN: GG00BMDHST63
LEI: 21380084LCGHJRS8CN05
("Grit" or the "Company" and, together with its subsidiaries, the "Group")
DIVIDEND DECLARATION
The Board of directors of Grit (the "Board") is pleased to announce its Shareholders that a gross dividend of USUSD1.50 cents per share for the six months ended 31 December 2023 has been approved and declared by the Board.
The source of the cash dividend is from distributable operating earnings. The salient dates and times of the dividend declared are as follows:
-- For shareholders on the Mauritian Register
Announcement of cash dividend on the Stock Exchange of Mauritius Ltd ("SEM") Wednesday, 28 February 2024
Last date to trade cum dividend Tuesday, 2 April 2024
Shares trade ex-dividend on the SEM Wednesday, 3 April 2024
Record date of dividend Friday, 5 April 2024
Payment date of dividend Wednesday, 15 May 2024
Notes 1. All dates and times quoted above are local dates and times in Mauritius. The above dates and times aresubject to change. Any changes will be released on the SEM website. 2. No dematerialisation or rematerialisation of share certificates on the SEM register may take placebetween Wednesday, 3 April 2024 and Friday, 5 April 2024, both days inclusive. 3. Shareholders on the Mauritian sub-register who have opted to receive their dividends through banktransfer, will be paid in USUSD. Shareholders on the Mauritian sub-register who have opted to receive theirdividends by cheque, will be provided with a MUR bank cheque, based on the USUSD:MUR exchange rate prevailing on thepayment date, being Wednesday, 15 May 2024. Should the latter shareholders wish to receive their dividends throughbank transfer, they are required to contact Grit's Mauritian Registrar and Transfer Agent, IntercontinentalSecretarial Services Limited (email: Grit@intercontinentaltrust.com | Tel: +230 403 0800) by no later than 8 May2024. 4. There is no withholding tax payable in Mauritius.
-- For shareholders on the UK Register
Announcement of cash dividend on the London Stock Exchange ("LSE") Wednesday, 28 February 2024
Last date to trade cum dividend Tuesday, 2 April 2024
Shares trade ex-dividend on the LSE Thursday, 4 April 2024
Record date of dividend Friday, 5 April 2024
Last date for receipt of currency election forms Friday, 5 April 2024
Payment date of dividend Wednesday, 15 May 2024
Notes 1. All dates and times quoted above are local dates and times in the UK. The above dates and times aresubject to change. Any changes will be released on a Regulatory Information Service of the LSE. 2. No dematerialisation or rematerialisation of share certificates on the UK register may take place betweenThursday, 4 April 2024 and Friday, 5 April 2024, both days inclusive. 3. Shareholders on the UK sub-register will receive dividends in USUSD. However, shareholders can elect tohave dividends paid in sterling (GBP) and the option to elect a sterling dividend payment for this dividend will beavailable to shareholders until Friday, 5 April 2024. 4. Further details together with a copy of the Dividend Currency Election Form, which should be sent to LinkGroup, Central Square, 29 Wellington Street, Leeds, LS1 4DL when completed, will be available on the Company'swebsite shortly at http://grit.group.
By Order of the Board
28 February 2024
FOR FURTHER INFORMATION, PLEASE CONTACT:
Grit Real Estate Income Group Limited Bronwyn Knight, Chief Executive Officer +230 269 7090 Darren Veenhuis, Investor Relations +44 779 512 3402 Cavendish Capital Markets Limited - UK Financial Adviser James King/Teddy Whiley (Corporate Finance) +44 20 7220 0500 Justin Zawoda-Martin / Daniel Balabanoff / Pauline Tribe (Sales) +44 20 3772 4697 Perigeum Capital Ltd - SEM Authorised Representative and Sponsor Shamin A. Sookia +230 402 0894 Darren Chinasamy +230 402 0898 Capital Markets Brokers Ltd - Mauritian Sponsoring Broker Elodie Lan Hun Kuen +230 402 0280
NOTES:
Grit Real Estate Income Group Limited is the leading pan-African woman led real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). These high-quality assets are underpinned by predominantly USUSD and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors.
The Company is committed to delivering strong and sustainable income for shareholders, with the potential for income and capital growth.
The Company holds its primary listing on the Main Market of the London Stock Exchange (LSE: GR1T and a dual currency trading secondary listing on the Stock Exchange of Mauritius (SEM: DEL.N0000 (USD) / DEL.C0000 (MUR)).
Further information on the Company is available at http://grit.group.
Directors: Peter Todd (Chairman), Bronwyn Knight (Chief Executive Officer)*, Gareth Schnehage (Chief Financial Officer)*, David Love+, Catherine McIlraith+, Jonathan Crichton+, Cross Kgosidiile, Nigel Nunoo+ and Lynette Finlay+.
(* Executive Director) (+ independent Non-Executive Director)
Company secretary: Intercontinental Fund Services Limited
Registered address: PO Box 186, Royal Chambers, St Julian's Avenue, St Peter Port, Guernsey GY1 4HP
Registrar and transfer agent (Mauritius): Intercontinental Secretarial Services Limited
UK Transfer secretary: Link Market Services Limited
SEM authorised representative and sponsor: Perigeum Capital Ltd
Mauritian sponsoring broker: Capital Markets Brokers Ltd
This notice is issued pursuant to the FCA Listing Rules, SEM Listing Rule 15.24 and the Mauritian Securities Act 2005. The Board accepts full responsibility for the accuracy of the information contained in this communiqué.
----------------------------------------------------------------------------------------------------------------------- Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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ISIN: GG00BMDHST63 Category Code: DIV TIDM: GR1T LEI Code: 21380084LCGHJRS8CN05 Sequence No.: 306370 EQS News ID: 1846657 End of Announcement EQS News Service =------------------------------------------------------------------------------------
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1846657&application_name=news
(END) Dow Jones Newswires
February 28, 2024 02:00 ET (07:00 GMT)
