Scrip Scheme

At the Company's Annual General Meeting held in May 2021, shareholders renewed the implementation of a Scrip Dividend Scheme ("Scrip Scheme"). The Scrip Scheme provides shareholders with the opportunity to receive dividends as new ordinary shares instead of cash. This enables us to retain more cash for reinvestment into our business, which would otherwise be paid as cash dividends.

The Mandate Form and the Guide to the Scrip Scheme, accessible through the links below, provide information on the Scrip Scheme and how to participate.

 

Mandate Form

Guide to the Scrip Scheme

 

2021 Interim Dividend

The Company announced its half year results for the six months to 30 June 2021 on 27 July 2021 and declared an interim dividend of 6.5 pence per share (the "2021 Interim Dividend"), which will be fully paid as a Property Income Distribution ("PID").

The 2021 Interim Dividend will be paid in either cash or new ordinary shares under the Scrip Scheme on 29 October 2021 to shareholders on the register at the close of business on 17 September 2021. The timetable in relation to the 2021 Interim Dividend is shown below:

DATE

EVENT

27 July 2021

Announcement of 2021 Interim Dividend

16 September 2021

Ex-dividend Date

17 September 2021

Record Date

16 September to 22 September 2021 (inclusive)

Scrip Reference Share Price calculation period

23 September 2021

Scrip Reference Share Price announcement date

8 October 2021

Final day to elect to participate in the Scrip Scheme

29 October 2021

Dividend Payment Date

 

Historic Scrip Dividends

The table below gives details of past dividends on which the Scrip Scheme was offered.

 

Dividend

Ex-Div date

Record Date

Payment Date

PID (p)

Non-PID(p)

Total (p)

 

2020

 

Final dividend period ended 30 Dec 2020

15 April 2021

16 April 2021

21 May 2021

12.75

-

12.75

 

2019

 

Interim dividend period ended 30 June 2019

9 September 2019

20 September 2019

01 November 2019

9

1.25

10.25

 

2018

 

Final dividend period ended 30 Dec 2018

11 April 2019

12 April 2019

17 May 2019

16

3.5

19.5

 

Interim dividend period ended 30 June 2018

20 Sep 2018

21 Sep 2018

2 Nov 2018

6.5

3

9.5

 

2017

Final dividend period ended 30 Dec 2017

12 April 2018

13 April 2018

18 May 2018

15.4

-

15.4

 

 

 

 

 

 

 

 

 

 

If you have any questions about the Scrip Scheme then please contact the Company’s Registrar, Computershare Investor Services plc, on +44 0370 707 1376. The helpline is open between 8.00 a.m. and 6.30 p.m. (GMT), Monday to Friday excluding public holidays in England and Wales.