BRIEF-Spear REIT Reports HY HEPS Of 45.47 Cents

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BRIEF-Spear REIT Reports HY HEPS Of 45.47 Cents

Oct 17 (Reuters) - Spear REIT Ltd SEAJ.J :

* JSE: SEA - SHORT-FORM ANNOUNCEMENT: UNAUDITED CONDENSED CONSOLIDATED INTERIM RESULTS FOR THE SIX MONTH ENDED 31 AUGUST 2019

* SPEAR REIT LTD - HY REVENUE INCREASED BY 18.10% TO R251.1 MILLION

* SPEAR REIT LTD - HY HEADLINE EARNINGS PER SHARE INCREASED BY 2.75% TO 45.47 CENTS PER SHARE

* SPEAR REIT LTD - HY EARNINGS PER SHARE DECREASED BY 75.06% TO 14.51 CENTS PER SHARE

* SPEAR REIT LTD - TO DECLARE AN INTERIM GROSS DIVIDEND OF 44.63992 CENTS PER SHARE

* SPEAR REIT LTD - FY2020 DISTRIBUTION PER SHARE GROWTH ON TARGET FOR 6% TO 8% GROWTH FROM FY2019

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