Business
Dividend Declaration
Dividend Declaration.
About this update from Grit Real Estate Income Group Limited
[{"type":"text","content":"\n \nRNS Number : 8407C Grit Real Estate Income Group 13 February 2020 \n\n\n\n\nGRIT REAL ESTATE INCOME GROUP LIMITED\n(Registered by continuation in the Republic of Mauritius)\n(Registration number: C128881 C1/GBL)\nSEM share code: DEL.N0000\nJSE share code: GTR\nLSE share code: GR1T\nISIN: MU0473N00036\n(\"Grit\" or the \"Company\" or the \"Group\")\n\n\n\n\n\n\n \n\n \n\nDIVIDEND DECLARATION\n\n \n\n \nGrit Real Estate Income Group Limited, a leading pan-African real estate company focused on investing in and actively managing a diversified portfolio of assets underpinned by predominantly US$ and Euro denominated long-term leases with high quality multi-national tenants, advises Shareholders that dividend number 12 of US$ 5.25000 cents per share for the six months ended 31 December 2019 has been approved and declared by the Board of the Company. The source of the cash dividend is from rental income and cum-dividend reserve.\n \nSalient dates and times\n \n\n\n\nFor shareholders on the Mauritian Register\n\n\n2020\n\n\n\n\nAnnouncement of cash dividend on JSE, SEM and LSE\n\n\nThursday, 13 February\n\n\n\n\nAnnouncement of US$ to Rand conversion rate released on SEM website by no later than 1:00pm\n\n\nTuesday, 25 February\n\n\n\n\nLast date to trade cum dividend\n\n\nTuesday, 3 March\n\n\n\n\nShares trade ex-dividend\n\n\nWednesday, 4 March\n\n\n\n\nRecord date of dividend on the SEM\n\n\nFriday, 6 March\n\n\n\n\nPayment date of dividend\n\n\nFriday, 3 April\n\n\n\n \nNotes\n1. All dates and times quoted above are local dates and times in Mauritius. The above dates and times are subject to change. Any changes will be released on the SEM website.\n2. No dematerialisation or rematerialisation of share certificates may take place between Wednesday, 4 March 2020 and Friday, 6 March 2020, both days inclusive.\n3. No transfer of shares between sub-registers in Mauritius, South Africa and the UK may take place between Tuesday, 25 February 2020 and Friday, 6 March 2020, both days inclusive.\n4. Shareholders on the Mauritian sub-register who have opted to receive their dividends through bank transfer, will be paid in US$. Shareholders on the Mauritian sub-register who have opted to receive their dividends by cheque, will be provided with a MUR bank cheque, based o...