GlobeNewswire Inc | Sep 20, 2021 08:00AM EDT

September 20, 2021

EL SEGUNDO, Calif., Sept. 20, 2021 (GLOBE NEWSWIRE) -- Landmark Infrastructure Partners LP (the Partnership) (NASDAQ: LMRK) announced today that the board of directors of its general partner declared a quarterly cash distribution for its 8.00% Series A Cumulative Redeemable Perpetual Preferred Units (the Series A Preferred Units) (NASDAQ: LMRKP) of $0.500 per Series A Preferred Unit, payable on October 15, 2021, to Series A Preferred Unitholders of record as of October 1, 2021.

About Landmark Infrastructure Partners LP

The Partnership owns and manages a portfolio of real property interests and infrastructure assets that the Partnership leases to companies in the wireless communication, digital infrastructure, outdoor advertising and renewable power generation industries.

Notice This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that we believe that zero percent of the Partnerships distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business, and we believe that 100 percent is attributable to dividend income from a real estate investment trust subject to withholding under Internal Revenue Code Section 1441. Nominees, and not the Partnership, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.

The distribution consists of the following components:

Series A Preferred UnitsEffectively Connected Income $0.000U.S. Dividend Income from REIT $0.500

Cautionary Note Regarding Forward Looking StatementsDisclosures in this press release contain certain forward-looking statements within the meaning of the federal securities laws. Statements that do not relate strictly to historical or current facts are forward-looking. These statements contain words such as possible, if, will, expect and assuming and involve risks and uncertainties including, among others that our business plans may change as circumstances warrant. Accordingly, readers should not place undue reliance on forward-looking statements as a prediction of actual results. For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the Risk Factors section of our Annual Report on Form 10-K for the year ended December 31, 2020, as supplemented by our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC. Any forward-looking statements in this press release are made as of the date of this press release and the Partnership undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which the Partnership becomes aware, after the date hereof, unless required by law.

CONTACT: Marcelo Choi Vice President, Investor Relations (213) 788-4528 ir@landmarkmlp.com