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ESP have released their Dividend Declaration

17th October 2016

The Board of Empiric Student Property plc (ticker: ESP), the owner and operator of premium student accommodation across the UK, has declared a dividend  of 1.5 pence per Ordinary Share in respect of the quarter ended 30 September 2016, payable on or around 10 November 2016 to Ordinary Shareholders on the register on 28 October 2016. The ex-dividend date will be 27 October 2016.

This dividend will be paid as an ordinary UK dividend ("non-PID").

As set out in the Company's Annual Report and Accounts for the year ended 30 June 2016, the Board is targeting a dividend of 6.1p per share for the 12 months commencing 1 July 2016 (in line with the Company's dividend growth target of not less than RPI).

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The Empiric plc management team has a long track record in the acquisition, development and management of student accommodation assets in the UK.

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