Brief: Grand City Properties: Results Of Scrip Dividend
July 16 (Reuters) - Grand City Properties SA GYC.DE :
* GRAND CITY PROPERTIES S.A. ANNOUNCES RESULTS OF SCRIP
DIVIDEND
* SHAREHOLDERS OF APPROXIMATELY 118 MILLION SHARES OPTED TO
RECEIVE THEIR DIVIDEND IN FORM OF NEW ORDINARY SHARES OF GRAND
CITY PROPERTIES.
* ACCORDINGLY, 4,323,849 NEW SHARES WILL BE DELIVERED IN
CONNECTION WITH SCRIP DIVIDEND.
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