Empiric Student Property
plc
("Empiric" or the
"Company" or, together with
its subsidiaries, the "Group")
CLARIFICATION OF DIVIDEND
RATE
In the announcement dated 15 August
2024, relating to the 'Interim Results for Six Months Ending 30
June 2024', a typographical error is noted in the final section of
the financial review where it was stated that the forthcoming
dividend rate would be 0.8725 pence per share. This should
have stated 0.875 pence per ordinary share, as correctly referred
to elsewhere and within the Dividend Declaration announcement, also
dated 15 August 2024.
The corrected text of the subject
paragraph, which appears on page 15 of the Interim Results Press
Release on the Company's website, is restated below:
"Dividend
An interim dividend of 0.875 pence
per share has been declared for the second quarter of 2024,
bringing total dividends paid and payable in respect of the first
half of 2024 to 1.75 pence per share. This is in line with our full
year target dividend of 3.5 pence per share announced alongside our
full year results in March 2024.
The dividend will be paid as a
Property Income Distribution on 20 September 2024 to shareholders
on the register at 6 September 2024."
All other details in the
announcement, including the dividend declaration and payment dates
remain unchanged.
ENDS
FOR
FURTHER INFORMATION, PLEASE CONTACT:
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Empiric Student Property plc
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(via FTI Consulting
below)
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Duncan Garrood (Chief Executive
Officer)
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Donald Grant (Chief Financial &
Sustainability Officer)
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FTI
Consulting (Communications Adviser)
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020 3727 1000
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Dido Laurimore
Eve Kirmatzis
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empiric@fticonsulting.com
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The Company's LEI is
213800FPF38IBPRFPU87.
Further information on Empiric can
be found on the Company's website at www.empiric.co.uk.
Notes:
Empiric Student Property plc is a
leading provider and operator of modern, predominantly direct-let,
premium student accommodation serving key UK universities.
Investing in both operating and development assets, Empiric is a
fully integrated operational student property business focused on
premium studio-led accommodation managed through its Hello Student
operating platform, that is attractive to affluent growing student
segments.
The Company, an internally managed
real estate investment trust ("REIT") incorporated in England and
Wales, listed under the Equity Shares segment of the Official List
of the Financial Conduct Authority and was admitted to trading on
the main market for listed securities of the London Stock Exchange
in June 2014. The Company is classified as a commercial company
listed under the UK Listing Rules and as such is not an alternative
investment fund ("AIF") for the purposes of the Alternative
Investment Fund Managers Directive ("AIFMD") and is not required to
provide investors with a Key information Document ("KID") in
accordance with the Packaged Retail and Insurance-based Investment
Products ("PRIIPs") regulations.