29 November 2018
CIVITAS SOCIAL HOUSING PLC
("Civitas" or the "Company")
Declaration of dividends
The Board of Civitas Social Housing PLC ("Board"), the first London listed Real Estate Investment Trust ("REIT") dedicated to investing into regulated social housing in England and Wales, is pleased to announce dividends for the period from 1 October 2018 to 21 December 2018.
The Board has declared dividends in respect of the Ordinary shares and C shares for the period from 1 October 2018 to 21 December 2018 of 1.11 pence per Ordinary share and 0.67 pence per C share. The dividends will be paid on or around 11 January 2019 to holders on the respective registers as at 7 December 2018 (the record date), with the corresponding ex-dividend date being 6 December 2018. The Ordinary share and C share dividends will be paid as REIT property income distributions ("PID").
As noted in the announcement of the conversion of the C shares on 15 November 2018, the Board intended to declare a dividend for holders of the Ordinary shares for the period from 1 October 2018 to the conversion date, being 21 December 2018. This will be the pro rata share of the quarterly dividend for the quarter ending 31 December 2018.
The Company also noted the expectation to declare a dividend for the period from the conversion date on 21 December 2018 to 31 December 2018 (i.e. the remaining pro rata share of the dividend for the quarter ending 31 December 2018) in February 2019. The Ordinary shares arising on conversion of the C shares will rank pari passu with the existing Ordinary shares for any dividends or distributions declared after the conversion date.
For further information, please contact:
Civitas Housing Advisors Limited
Paul Bridge Tel: +44 (0)20 3058 4844
Andrew Dawber Tel: +44 (0)20 3058 4846
Cenkos Securities PLC
Sapna Shah Tel: +44 (0)20 7397 1922
Tom Scrivens Tel: +44 (0)20 7397 1915
Philip Dennis Tel: +44 (0)7947 868206
Laurence Jones Tel: +44 7966 926747
David Leslie Tel: +44 (0)7584 070274
Civitas Social Housing PLC is the first Real Estate Investment Trust offering pure play exposure to social housing in England and Wales. The Company is advised by Civitas Housing Advisors Limited. The Company's Ordinary shares are listed on the premium listing segment of the Official List of the Financial Conduct Authority and were admitted to trading on the main market for listed securities of the London Stock Exchange in November 2016.
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