21
October 2024
Impact Healthcare REIT
plc
("Impact" or the
"Company" or, together with
its subsidiaries, the "Group")
Change of company name to
Care REIT plc and stock market ticker to CRT
Further to the Company's
announcement on 8 August 2024, the Company name has changed,
effective immediately, to Care REIT plc in order to better reflect
the real estate we invest in and to align with the Financial
Conduct Authority's (FCA) updated Sustainability Disclosure
Requirements (SDR).
Further, the Company's stock market
ticker will become "CRT". Dealings under the new name and ticker
will commence at 8.00 am (GMT) on 22 October 2024. In conjunction,
the Company's website has also been refreshed and changed to
www.carereit.co.uk.
The Company's ISIN, SEDOL and Legal
Entity Identifier (LEI) remain unchanged.
Shareholders should note that their
shareholdings will be unaffected by the change of name. Existing
share certificates should be retained as they will remain valid for
all purposes and no new share certificates will be
issued.
The name change follows changes to
the FCA's SDR, which restrict companies from using certain
sustainable terms and labels, such as "Impact", in investment
products which can be bought and sold by retail investors unless
strict criteria are adopted.
The Company confirms that its
investment policy, strategy and objectives remain unchanged and
that there will be no change to its business and operations.
Through its investments in UK healthcare real estate, the Company
remains focused on providing shareholders with attractive and
stable returns over the long-term and also remains committed to
contributing positively to social outcomes.
FOR
FURTHER INFORMATION, PLEASE CONTACT:
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Impact Health Partners LLP
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Via H/Advisors Maitland
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Andrew Cowley
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Mahesh Patel
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David Yaldron
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Jefferies International Limited
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020 7029 8000
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Tom Yeadon
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tyeadon@jefferies.com
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Ollie Nott
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onott@jefferies.com
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Winterflood Securities Limited
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020 3100 0000
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Neil Langford
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neil.langford@winterflood.com
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Joe Winkley
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joe.winkley@winterflood.com
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H/Advisors Maitland (Communications advisor)
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carereit-maitland@h-advisors.global
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James Benjamin
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07747 113 930
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Rachel Cohen
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020 7379 5151
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Billy Moran
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020 7379 5151
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The Company's LEI is
213800AX3FHPMJL4IJ53.
Further information on
Care REIT plc is available
at
www.carereit.co.uk.
NOTES
Care REIT plc (formerly Impact
Healthcare REIT plc) acquires, renovates,
extends and redevelops high quality healthcare real estate assets
in the UK and lets these assets on long-term full repairing and
insuring leases to high-quality established healthcare operators
which offer good quality care, under leases which provide the
Company with attractive levels of rent cover.
The Company aims to provide
shareholders with an attractive sustainable return, principally in
the form of quarterly income distributions and with the potential
for capital and income growth, through exposure to a diversified
and resilient portfolio of UK healthcare real estate assets, in
particular care homes for the elderly.
The Company's dividend policy is to
seek to maintain a progressive dividend that is covered by adjusted
earnings.
On this basis, the target total dividend for the year
ending 31 December 2024 is 6.95 pence per share*, a 0.18
pence increase over the 6.77 pence in dividends paid per ordinary
share for the year ended 31 December 2023.
The Group's Ordinary Shares were
admitted to trading on the main market of the London Stock
Exchange, premium segment, on 8 February 2019. The Company is a
constituent of the FTSE EPRA/NAREIT index.
* This is a target
only and not a profit forecast. There can be no assurance that the
target will be met and it should not be taken as an indicator of
the Company's expected or actual results.