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Section 1: 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

January 14, 2019

Date of Report (Date of earliest event reported)

 

PLYMOUTH INDUSTRIAL REIT, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

 

         
MARYLAND   001-38106   27-5466153

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

   

260 Franklin Street, 7th Floor

Boston, MA 02110

(Address of Principal Executive Offices) (Zip Code)

(617) 340-3814

(Registrant’s Telephone Number, Including Area Code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company   ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ¨

 

 

 

 

Item 7.01   Regulation FD Disclosure.

On January 14, 2019, Plymouth Industrial REIT, Inc. issued a press release announcing the tax treatment of its 2018 dividends. A copy of the press release is attached to this report as Exhibit 99.1.

The information contained in this Item 7.01 and the exhibit hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01   Financial Statements and Exhibits.

 

(d) Exhibits:

 

  Exhibit No.   Description
  99.1   Plymouth Industrial REIT, Inc. press release dated January 14, 2019

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

             
        PLYMOUTH INDUSTRIAL REIT, INC.
       
Date: January 14, 2019       By:  

/s/ Jeffrey E. Witherell

            Jeffrey E. Witherell
            Chief Executive Officer

 

 

 

 

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Section 2: EX-99.1

Exhibit 99.1

 

 

 

Contacts:    
Tripp Sullivan    
SCR Partners    
(615) 760-1104    
[email protected]    

 

 

Plymouth Industrial REIT Announces Tax Treatment of 2018 Dividends

 

BOSTON—(January 14, 2019) Plymouth Industrial REIT, Inc. (NYSE American: PLYM) today announced the tax treatment of its 2018 dividends to common stockholders. The following table summarizes Plymouth Industrial REIT’s dividends to stockholders of Common Stock CUSIP #729640102 traded on the NYSE American under ticker symbol “PLYM” for the tax year ended December 31, 2018:

 

 

Record Date

 

 

Payment Date

 

2018 Total
Cash Distribution
Per Share

  

Total
Distribution
Allocable to 2018

  

2018
Ordinary

Dividend
Per Share

  

2018
Return of

Capital

Per Share

 
                    
March 29, 2018  April 30, 2018  $0.375   $0.375   $0.000   $0.375 
June 29, 2018  July 31, 2018  $0.375   $0.375   $0.000   $0.375 
September 28, 2018  October 31, 2018  $0.375   $0.375   $0.000   $0.375 
December 31, 2018  January 31, 2019  $0.375   $0.375   $0.000   $0.375 
                        
      $1.500   $1.500   $0.000   $1.500 

 

 

The income tax treatment for the 2018 distributions for Plymouth Industrial REIT’s 7.50% Series A Cumulative Redeemable Preferred Stock (PLYM-PrA) CUSIP #729640201 is as follows:

 

 

 

Record Date

 

 

Payment Date

 

2018 Total
Cash Distribution
Per Share

  

Total
Distribution Allocable to 2018

  

2018
Ordinary

Dividend
Per Share

  

2018
Return of

Capital

Per Share

 
                    
March 15, 2018  April 2, 2018  $0.46875   $0.46875   $0.0000   $0.46875 
June 15, 2018  July 2, 2018  $0.46875   $0.46875   $0.0000   $0.46875 
September 14, 2018  October 1, 2018  $0.46875   $0.46875   $0.0000   $0.46875 
December 14, 2018  December 31, 2018  $0.46875   $0.46875   $0.0000   $0.46875 
                        
      $1.8750   $1.8750   $0.0000   $1.8750 

 

 

 

 

In accordance with IRS Code Section 6045B, Plymouth Industrial REIT has posted Form 8937, Report of Organizational Actions Affecting Basis of Securities, which may be found on the Company’s website at www.plymouthreit.com. Plymouth encourages stockholders to consult with their own tax advisors with respect to the federal, state and local, and foreign income tax effects of these dividends.

 

About Plymouth

 

Plymouth is a full service real estate investment company structured as a vertically integrated, self-administered and self-managed real estate investment trust focused on the acquisition, ownership and management of single and multi-tenant industrial properties, including distribution centers, warehouses and light industrial properties, primarily located in secondary and select primary markets across the United States. The company seeks to acquire properties that provide current operating income with the opportunity to enhance shareholder value through property re-positioning, capital improvements and restructuring tenant leases.

 

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