TIDMEBOX TIDMBOXE

RNS Number : 0154X

Tritax EuroBox PLC

16 December 2019

16 December 2019

Tritax EuroBox plc

(the "Company")

CHANGE OF REGISTERED OFFICE

The Board of Tritax EuroBox plc (tickers: EBOX (Sterling), BOXE (Euro)) announces that the Company's registered office has changed with immediate effect to 3(rd) Floor, 6 Duke Street, St. James's, London, SW1Y 6BN.

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
 Tritax Group                                  via Maitland (below) 
 Hana Beard (Group Company Secretary) 
 
 Maitland/AMO (Communications Adviser)         +44 (0) 20 7379 5151 
 James Benjamin                                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 expected to deliver 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, set against a backdrop of resurgent economic growth across much of Continental Europe.

The Company is targeting, on a fully invested and geared basis, an initial Ordinary Share dividend yield of 4.75% p.a.(1) , which is expected to increase progressively through regular indexation events inherent in underlying lease agreements, and a total return on the Ordinary Shares of 9.0% p.a.(1) over the medium-term. The Company intends to pay dividends on a quarterly basis with shareholders able to receive dividends in Sterling or Euro.

Further information on Tritax EuroBox plc is available at www.tritaxeurobox.co.uk

(1) Euro denominated returns, by reference to IPO issue price. These are targets only and not profit forecasts. There can be no assurances that these targets will be met and they should not be taken as indications of the Company's expected or actual future results. Accordingly, potential investors should not place any reliance on the target in deciding whether or not to invest in the Company and should not assume that the Company will make any distributions at all and should decide themselves whether or not the target is reasonable or achievable.

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END

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(END) Dow Jones Newswires

December 16, 2019 07:52 ET (12:52 GMT)

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