TIDMAGR

RNS Number : 5408S

Assura PLC

22 December 2016

22 December 2016

Assura plc

Scrip Calculation Price

Assura plc ("the Company") announces, in accordance with the terms and conditions of the Company's Scrip Dividend Scheme ("the Scheme"), that the Scrip Calculation Price in respect of the quarterly interim dividend proposed to be paid on 18 January 2017, is 56.0 pence. This is the average closing mid-market price of an ordinary share in the Company for the five dealing days commencing with, and including, the ex-dividend date of 15 December 2016.

If you wish to receive this quarterly interim dividend in cash, you do not need to take any action.

If you wish to participate in the Scheme and receive New Shares instead of your cash dividend, you should complete a Mandate, as follows:

-- If you hold your Ordinary Shares in certificated form, and if you have not already done so, you should complete the Mandate Form (which is available to download from Assura's website www.assuraplc.com) in accordance with the instructions printed thereon and return it to Capita Asset Services at The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU by no later than 4.30 p.m. (London time) on 4 January 2017. The Mandate Form will remain in force for any future dividends in respect of which a Scrip Dividend Alternative is offered, until such time as the Mandate Form is cancelled.

-- If you hold your Ordinary Shares in uncertificated form via the CREST System, you can only elect to receive dividends in the form of New Shares by submitting a CREST Dividend Election Input Message via the CREST System. Evergreen elections will not be permitted. This means that if you wish to receive New Shares instead of cash as a matter of routine whenever a Scrip Dividend Alternative is offered, you must complete and submit a CREST Dividend Election Input Message on each occasion, otherwise you will receive the relevant dividend in cash.

If you have any questions about the Scheme or how it operates, you can contact our Registrar, Capita Asset Services, at the address above or by telephone on 0371 664 0321. Lines are open between 9.00am and 5.30pm Monday to Friday, excluding public holidays.

Based upon the above Scrip Calculation Price, if all eligible Shareholders were to elect to take up their full entitlement to New Shares in respect of this quarterly interim dividend, approximately 17,700,091 New Shares would be issued. This would represent approximately 1.1 per cent. of the Company's issued share capital as at 21 December 2016. The total cash cost of this quarterly interim dividend if no Shareholders were to elect to take up their entitlement (and therefore no New Shares were to be issued) would be approximately GBP9.9 million.

Words and expressions defined in the circular dated 9 December 2015 in relation to the Scheme bear the same meanings in this announcement.

No Property Income Distribution ("PID") is included in this interim dividend. However, forms to register for gross PIDs (when these become payable) are available on the Company's website. Please click here for PID Forms.

- Ends -

For more information, please contact:

 
 
  Assura plc      Tel: 01925 420660 
Orla Ball 
 
  Finsbury        Tel: 0207 251 3801 
Gordon Simpson

Notes to Editors

Assura plc, a constituent of the FTSE 250, is a UK REIT and long-term investor in and developer of primary care property. The company, headquartered in Warrington, works with GPs, health professionals and the NHS to create innovative property solutions in order to facilitate delivery of high quality patient care in the community. At 31 September 2016, Assura's property portfolio was valued at GBP1,227 million.

Further information is available at www.assuraplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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