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Nepi Rockcastle Plc - Voluntary Trading Update Regarding Year End Distributable Earnings Per Share And Guidance Provided

Release Date: 11/01/2018 17:00
Code(s): NRP
 
Wrap Text
Voluntary trading update regarding year end distributable earnings per share and guidance provided

NEPI Rockcastle plc
Incorporated and registered in the Isle of Man
Registered number 014178V
JSE share code: NRP
Euronext share code: NRP
ISIN: IM00BDD7WV31
(“NEPI Rockcastle” or “the company”)


VOLUNTARY TRADING UPDATE REGARDING YEAR END DISTRIBUTABLE EARNINGS PER SHARE AND GUIDANCE PROVIDED


As announced on 22 August 2017, NEPI Rockcastle confirms that distributable earnings per share for the year ended
31 December 2017 are expected to be approximately 17% higher than the 2016 pro-forma distribution of 41.21 euro
cents per share published in the NEPI Rockcastle prospectus dated 9 June 2017, in line with guidance previously
announced. The Loan-to-Value ratio is currently below the company’s targeted level of 35%.

This forecast has not been audited or reviewed by NEPI Rockcastle’s auditors and is the responsibility of the Board.
The company’s results for the year ended 31 December 2017 will be published on or about 20 February 2018.

For further information please contact:

NEPI Rockcastle plc
Mirela Covasa                                                                   +40 721 371 100
Spiro Noussis                                                                  +44 208 546 0133

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11 January 2018

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