REG - Sirius Real Estate - Dividend & Allotment of Scrip Dividend

Sirius Real EstateAnnouncement

12/08/2020 14:00

RNS Number : 9171V
  
Sirius Real Estate Limited
  
12 August 2020
  
 

SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LSE (EUR) Share Code: ESRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54
 
12 August 2020
Sirius Real Estate Limited
("Sirius Real Estate", "Sirius" or the "Company")
Dividend for the six months ended 31 March 2020 - Allotment of Scrip Dividend
 
In accordance with the circular to Shareholders dated 8 June 2020 (the "Circular"), Sirius Real Estate is pleased to confirm the allotment and issue of 6,981,451 Ordinary Shares (the "New Shares") in lieu of a cash dividend under the Scrip Dividend Alternative.
The total Dividend amount payable on 20 August 2020, calculated in accordance with the terms of the Circular, is €18,645,893.99, of which €12,603,195.19 is payable in cash and the cash equivalent of €6,042,698.80 is satisfied through the issue of the New Shares. The Company's Employee Benefit Trust has waived its right to the Dividend.
Following the issue of the New Shares, the total number of voting rights in the Company will be 1,045,351,272. There are no shares held in treasury.
Application will be made for the New Shares to be admitted to trading on the Main Market of London Stock Exchange Plc ("LSE"), to be admitted to listing on the premium segment of the Official List of the UK Listing Authority, and to be listed on the Main Board of the JSE Limited ("JSE"). It is expected that trading in the New Shares will commence on the LSE at 08:00 a.m. (UTC) and on the JSE at 09:00 a.m. (SAST) on Thursday, 20 August 2020.
All capitalised terms not specifically defined have the meanings set out in the Circular.
For further information:



Sirius Real Estate 
Andrew Coombs, CEO
Alistair Marks, CFO


+49 (0)30 285 010 110














Tavistock 
Jeremy Carey
James Verstringhe
 


+44 (0)20 7920 3150




JSE Sponsor
PSG Capital







 


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