Regional REIT (RGL) Q2 2023 TU earnings summary

Executive summary

• Declared Q2 2023 dividend of 1.20 pence per share for the period 1 April to 30 June 2023.

• Entire dividend to be paid as a REIT property income distribution (PID).

• Shareholders may opt for a Dividend Reinvestment Plan (DRIP).

Significant events and developments

• Dividend ex-date: 21 September 2023; record date: 22 September 2023; payment date: 19 October 2023.

• Board will determine future dividend payments based on financial position, performance, and UK REIT requirements.

Segment performance

• Portfolio consists of 150 properties and 1,038 occupiers as of 30 June 2023, valued at approximately £752.2m.

• Portfolio is predominantly regional UK offices outside the M25 motorway.