REG-Grand City Properties S.A. Grand City Properties S.A. announces results of scrip dividend

Grand City Properties SAAnnouncement

15/07/2022 12:15

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   Grand City Properties S.A. (IRSH)
   Grand City Properties S.A. announces results of scrip dividend

   15-Jul-2022 / 13:07 CET/CEST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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       THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION,
    DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA,
       JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD
            CONSTITUTE A VIOLATION OF APPLICABLE LAWS OR REGULATIONS

   GRAND CITY PROPERTIES S.A. ANNOUNCES RESULTS OF SCRIP DIVIDEND

   Luxembourg, 15  July  2022  –  Grand City  Properties  S.A.  (“Grand  City
   Properties”) announces today the results  of the Scrip Dividend  announced
   in its corporate news of 30 June 2022.

   Shareholders of approximately  115 million shares  opted to receive  their
   dividend in  the form  of shares  of Grand  City Properties.  Accordingly,
   7,360,307  shares  of   Grand  City  Properties   will  be  delivered   to
   shareholders in connection with the Scrip Dividend.

   As previously announced, the  cash dividend is expected  to be paid on  19
   July 2022, and the shares resulting  from the Scrip Dividend are  expected
   to be delivered on 25 July 2022.

   About the Company

   The  Company  is  a  specialist  in  residential  real  estate,  value-add
   opportunities in densely populated areas primarily in Germany and  London.
   The Company’s strategy is to  improve its properties by repositioning  and
   intensive tenant management, and then create value by subsequently raising
   occupancy      and      rental      levels.      Further      information:
   www.grandcityproperties.com

   Grand City  Properties  S.A.  (ISIN: LU0775917882)  is  a  public  limited
   liability company (société  anonyme) incorporated  under the  laws of  the
   Grand Duchy of  Luxembourg, having  its registered  office at  40, Rue  du
   Curé, L-1368 Luxembourg,  Grand Duchy of  Luxembourg and being  registered
   with the Luxembourg trade and companies register (Registre de Commerce  et
   des Sociétés Luxembourg) under number B 165 560. The shares of the Company
   are listed on the Prime Standard segment of Frankfurt Stock Exchange.

   Contact:

   Grand City Properties S.A.
   40, Rue du Curé,
   L-1368 Luxembourg
   T: +352 28 77 87 86
   E: info@grandcity.lu
   www.grandcityproperties.com

   Investor Relations Team:
   Grand City Properties S.A.
   E:  1 gcp-ir@grandcity.lu

    

   DISCLAIMER:

    THIS  ANNOUNCEMENT  DOES  NOT  CONSTITUTE   AN  OFFER  TO  SELL  OR   THE
   SOLICITATION OF AN OFFER TO BUY ANY SECURITIES.

   THE SECURITIES MENTIONED IN THIS ANNOUNCEMENT HAVE NOT BEEN, AND WILL  NOT
   BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS  AMENDED
   (THE SECURITIES ACT), AND MAY NOT BE OFFERED OR SOLD IN THE UNITED  STATES
   ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES
   ACT. THERE WILL  BE NO  PUBLIC OFFERING OF  THE SECURITIES  IN THE  UNITED
   STATES.

   THIS ANNOUNCEMENT IS  DIRECTED AT  AND IS  ONLY BEING  DISTRIBUTED IN  THE
   UNITED KINGDOM TO (I) PERSONS WHO HAVE PROFESSIONAL EXPERIENCE IN  MATTERS
   RELATING TO  INVESTMENTS FALLING  WITHIN ARTICLE  19(5) OF  THE  FINANCIAL
   SERVICES AND  MARKETS  ACT  2000 (FINANCIAL  PROMOTION)  ORDER  2005  (THE
   ORDER), (II) HIGH  NET WORTH ENTITIES,  AND OTHER PERSONS  TO WHOM IT  MAY
   OTHERWISE LAWFULLY BE COMMUNICATED FALLING WITHIN ARTICLE 49 OF THE ORDER,
   AND (III) PERSONS TO WHOM IT  MAY OTHERWISE LAWFULLY BE COMMUNICATED  (ALL
   SUCH PERSONS  TOGETHER  BEING  REFERRED  TO  AS  RELEVANT  PERSONS).  THIS
   COMMUNICATION MUST NOT BE READ, ACTED ON  OR RELIED ON BY PERSONS WHO  ARE
   NOT RELEVANT PERSONS. ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH  THIS
   ANNOUNCEMENT RELATES IS  AVAILABLE ONLY  TO RELEVANT PERSONS  AND WILL  BE
   ENGAGED IN ONLY WITH RELEVANT PERSONS.

   IN MEMBER STATES OF  THE EUROPEAN ECONOMIC  AREA (EEA), THIS  ANNOUNCEMENT
   AND ANY OFFER  IF MADE SUBSEQUENTLY  IS DIRECTED ONLY  AT PERSONS WHO  ARE
   “QUALIFIED INVESTORS” WITHIN THE MEANING  OF ARTICLE 2(1)(E) OF  DIRECTIVE
   2003/71/EC, AS AMENDED (THE  PROSPECTUS DIRECTIVE) (QUALIFIED  INVESTORS).
   ANY PERSON  IN  THE EEA  WHO  ACQUIRES THE  SECURITIES  IN ANY  OFFER  (AN
   INVESTOR) OR TO WHOM ANY OFFER OF THE SECURITIES IS MADE WILL BE DEEMED TO
   HAVE REPRESENTED AND AGREED THAT IT IS A QUALIFIED INVESTOR. ANY  INVESTOR
   WILL ALSO BE  DEEMED TO HAVE  REPRESENTED AND AGREED  THAT ANY  SECURITIES
   ACQUIRED BY IT IN THE OFFER HAVE NOT BEEN ACQUIRED ON BEHALF OF PERSONS IN
   THE EEA  OTHER THAN  QUALIFIED  INVESTORS, NOR  HAVE THE  SECURITIES  BEEN
   ACQUIRED WITH A VIEW TO THEIR OFFER OR RESALE IN THE EEA TO PERSONS  WHERE
   THIS WOULD RESULT IN A REQUIREMENT  FOR PUBLICATION BY THE COMPANY OR  ANY
   OF THE MANAGERS OF  A PROSPECTUS PURSUANT TO  ARTICLE 3 OF THE  PROSPECTUS
   DIRECTIVE.

   THIS ANNOUNCEMENT MAY CONTAIN PROJECTIONS  OR ESTIMATES RELATING TO  PLANS
   AND OBJECTIVES RELATING TO OUR  FUTURE OPERATIONS, PRODUCTS, OR  SERVICES,
   FUTURE FINANCIAL RESULTS,  OR ASSUMPTIONS  UNDERLYING OR  RELATING TO  ANY
   SUCH STATEMENTS,  EACH OF  WHICH CONSTITUTES  A FORWARD-LOOKING  STATEMENT
   SUBJECT TO RISKS AND UNCERTAINTIES, MANY  OF WHICH ARE BEYOND THE  CONTROL
   OF THE COMPANY.  ACTUAL RESULTS  COULD DIFFER MATERIALLY,  DEPENDING ON  A
   NUMBER OF FACTORS.

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   ISIN:          LU0775917882, XS1130507053, XS1191320297, XS1220083551,
                  XS1491364953, XS1373990834, XS1654229373, XS1811181566,
                  XS1706939904, XS1763144604, XS1781401085, CH0401956872
   Category Code: MSCL
   TIDM:          IRSH
   LEI Code:      5299002QLUYKK2WBMB18
   Sequence No.:  175134
   EQS News ID:   1399119


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:gcp-ir@grandcity.lu


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