Dividend & Allotment of Scrip Dividend

RNS Number : 5463V
Sirius Real Estate Limited
10 August 2022
 

SIRIUS REAL ESTATE LIMITED

(Incorporated in Guernsey)

Company Number: 46442

JSE Share Code: SRE

LSE (GBP) Share Code: SRE

LEI: 213800NURUF5W8QSK566

ISIN Code: GG00B1W3VF54

 

10 August 2022

Sirius Real Estate Limited

("Sirius Real Estate", "Sirius" or the "Company")

Dividend for the six months ended 31 March 2022 - Allotment of Scrip Dividend

 

In accordance with the circular to Shareholders dated 20 June 2022 (the "Circular"), Sirius Real Estate is pleased to confirm the allotment and issue of 1,271,279 Ordinary Shares (the "New Shares") in lieu of a cash dividend under the Scrip Dividend Alternative.

The total Dividend amount payable on 18 August 2022, calculated in accordance with the terms of the Circular, is €27,656,085.98 of which €26,199,643.23 is payable in cash and the cash equivalent of €1,456,442.75 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 1,175,052,364. 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, 18 August 2022.

All capitalised terms not specifically defined have the meanings set out in the Circular.

For further information:

Sirius Real Estate

Andrew Coombs, CEO

Diarmuid Kelly, CFO

+49 (0)30 285 010 110

 


FTI Consulting (Financial PR)

Richard Sunderland

James McEwan

Talia Jessener

 

SiriusRealEstate@fticonsulting.com  

+44 (0) 20 3727 1000

 

 


JSE Sponsor

PSG Capital


 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DIVGRGDIRSBDGDG
UK 100

Latest directors dealings