EDISTON PROPERTY INVESTMENT COMPANY

Notice of Dividend Amount • Aug 6, 2020

National Storage Mechanism | Additional information

RNS Number : 2358V

Ediston Property Inv Comp PLC

06 August 2020

06 August 2020

Ediston Property Investment Company plc

(LEI: 213800JRL87EGX9TUI28)

Announcement of Interim Dividend & Rent Collection Update

Declaration of Interim Dividend

The Company declares its interim dividend (property income distribution) payment in respect of the period from 1 July to 31 July 2020 of 0.3333 pence per share, as timetabled below:

Ex-Dividend Date:	13 August 2020
Record Date:	14 August 2020
Pay Date:	28 August 2020

This monthly dividend of 0.3333 pence per share equates to an annualised dividend level of 4.00 pence per share and is unchanged from the previous dividend declared on 8 July. 

Quarter 3 rent collection update

Rent collection for the quarter has progressed in line with previous forecasts, with the monthly rent payers continuing to meet commitments. As at 5 August 80.5% of the rent due by 1 August has been collected. The Company will have collected 90.4% of rent due for the quarter ending 30 September 2020 if the tenants who paid monthly for July and August continue to make payments for September. On this basis, the current dividend level would be 130% covered by rent collected (less expenses) for quarter three and potentially as high as 140%, after taking into account deferred rent covered by payment plans.

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Enquiries
Will Barnett	- Investec Bank plc	0207 597 5873
Calum Bruce	- Ediston Investment Services Limited	0131 225 5599
Ruth Wright	- JTC	0203 893 1011
Ben Robinson	- Kaso Legg Communications	0203 995 6672
Stephanie Ross	- Kaso Legg Communications	0203 995 6676

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