Hansteen increases its 2016 full year dividend by 12.4%

Financial Highlights

·      Total Annual Return to shareholders of 23.1p or 20.8% (EPRA NAV growth of 17.7p plus dividends paid of 5.35p)

·      IFRS profit before tax of £119.9 million (FY 2015: £171.4 million)

·      Normalised Income Profit increased by 29.4% to £61.1 million (FY 2015: £47.2 million)

·      Normalised Total Profit increased by 4.4% to £66.0 million (FY 2015: £63.2 million)¹

·      IFRS NAV per share increased by 17.9% to 124.0p (31 December 2015: 105.2p)

·      EPRA NAV per share increased by 15.9% to 128.9p (31 December 2015: 111.2p)¹

·      Full year dividend increased by 12.4% to 5.9p per share (2015: 5.25p per share)