We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sirius Real Estate Ld | LSE:SRE | London | Ordinary Share | GG00B1W3VF54 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.45 | -0.46% | 96.35 | 96.35 | 96.55 | 96.60 | 94.75 | 96.40 | 295,550 | 09:27:03 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Real Estate Investment Trust | 270.1M | 79.6M | 0.0590 | 16.24 | 1.29B |
TIDMSRE
RNS Number : 8469Q
Sirius Real Estate Limited
02 December 2016
2 December 2016
Sirius Real Estate Limited
("Sirius Real Estate" or the "Company")
Posting of Scrip Dividend Alternative Circular and
Scrip Dividend Reference Price and Exchange Rate
Sirius Real Estate is pleased to confirm that the Scrip Dividend Alternative Circular and Form of Election have today been posted to shareholders and are available on the Company's website: www.sirius-real-estate.com.
Capitalised terms in this announcement have the same meaning as given to them in the Scrip Circular.
An overview timetable of events relating to the Scrip Dividend Alternative is set out below:
For shareholders on the UK Share Register
Announcement of Interim 28 November 2016 Dividend -------------------------------- ------------------- Despatch the Scrip Circular 2 December 2016 and Form of Election -------------------------------- ------------------- Announcement of Reference 2 December 2016 Price for the New Shares released on RNS -------------------------------- ------------------- Last day to trade in order 14 December 2016 to be eligible for the cash dividend or alternatively the scrip dividend -------------------------------- ------------------- Shares commence trading 15 December 2016 ex the cash dividend or scrip dividend -------------------------------- ------------------- Record Date for UK Shareholders 16 December 2016 -------------------------------- ------------------- Deadline by which election 5 p.m. (UK time) to receive the New Shares on 6 January 2017 must have been received by the Registrars (Election Return Date) -------------------------------- ------------------- Announcement on RNS of the 13 January 2017 number of New Shares issued -------------------------------- ------------------- Despatch scrip dividend 19 January 2017 share certificates, Interim Dividend cheques and tax vouchers -------------------------------- ------------------- CREST accounts credited 20 January 2017 and/or updated with the Interim Dividend payment in cash and/or New Shares -------------------------------- ------------------- Admission of New Shares 20 January 2017 to trading on AIM -------------------------------- ------------------- Interim Dividend Payment 20 January 2017 Date -------------------------------- -------------------
For shareholders on the South African Share Register
Announcement of Interim 28 November 2016 Dividend -------------------------------- -------------------------- Despatch the Scrip Circular 2 December 2016 and Form of Election -------------------------------- -------------------------- Announcement of Reference 2 December 2016 Price for the New Shares and the Euro to Rand Conversion Rate released on SENS -------------------------------- -------------------------- Last day to trade in 12 December 2016 order to be eligible for the cash dividend or alternatively the scrip dividend -------------------------------- -------------------------- Shares commence trading 13 December 2016 ex the cash dividend or scrip dividend -------------------------------- -------------------------- Record Date for SA Shareholders 15 December 2016 -------------------------------- -------------------------- Deadline by which election 12.00 noon (South African to receive the New Shares time) on 15 December must have been received 2016 by the Transfer Secretaries (Election Return Date) -------------------------------- -------------------------- Announcement on SENS 13 January 2017 of the number of New Shares issued -------------------------------- -------------------------- Participant/broker accounts 20 January 2017 credited and/or updated with the Interim Dividend payment in cash and/or New Shares -------------------------------- -------------------------- Despatch scrip dividend 20 January 2017 share certificates, Interim Dividend cheques and tax vouchers -------------------------------- -------------------------- Listing and admission 20 January 2017 of New Shares to trading on AltX -------------------------------- -------------------------- Interim Dividend Payment 20 January 2017 Date -------------------------------- --------------------------
Notes
The above dates and times are subject to change. Any changes will be released on RNS and SENS.
Share certificates may not be dematerialised or rematerialised, between Tuesday, 13 December and Thursday, 15 December, nor may transfers of shares between sub-registers in the United Kingdom and South Africa take place between Friday, 2 December 2016 and Friday, 16 December 2016, both days inclusive
As set out in the Scrip Dividend Alternative Circular, Sirius Real Estate today announces the Scrip Dividend Reference Prices and the Conversion Rate for the purposes of converting the Interim Dividend declared in connection with the six months ended 30 September 2016 from Euros into Rand (for Shareholders on the SA Share Register).
The Scrip Dividend Reference Prices are as follows:
Shareholders on the UK Share Register: 50.55 cents (Euro) Shareholders on the SA Share Register: 757.31824 cents (Rand)
The Conversion Rate and the Dividend in Rand for Shareholders on the SA Share Register
The Conversion Rate for the purposes of calculating the Interim Dividend declared in connection with the six months ended 30 September 2016 payable to Shareholders on the SA Share Register will be 14.9733 Rand to 1 Euro.
On this basis, Shareholders on the SA Share Register will receive a gross dividend of 20.81289 cents (Rand) per Ordinary Share, which they may take in cash or in New Shares by electing to do so by way of the Scrip Dividend Alternative.
The number of New Shares, which Shareholders electing to take the Scrip Dividend Alternative will receive, are as follows:
Shareholders on the UK Share Register: 1 New Share for every 36.36691 Ordinary Shares held
Shareholders on the SA Share Register: 1 New Share for every 36.38698 Ordinary Shares held
Information for Shareholders on the SA Share Register
In accordance with the Listings Requirements of the JSE, the Company confirms that the net cash dividend received by SA Shareholders who are not exempt from dividend withholding tax of 15%, is expected to be 17.69096 cents (Rand) per Ordinary Share. The Company had 841,831,291 Ordinary Shares in issue (comprising 1,062,058 shares held in treasury and 840,769,233 shares with voting rights) on Monday, 28 November 2016, the declaration date of the dividend. The Company is incorporated in Guernsey with Company number 46442 and its tax registration number in Guernsey is 1EC.956 and its UK tax number is GB 203993015.
As set out in the Scrip Circular, South African Shareholders who have elected to receive the dividend in scrip form should not be subject to income tax on receipt of New Shares or dividend withholding tax.
For the purposes of South African shareholders, the Scrip Dividend is regarded as a foreign dividend.
The distribution of the Scrip Circular in certain jurisdictions (including the United States of America, Canada, Japan or Australia or their respective territories or possessions (subject to applicable exemptions)) other than the United Kingdom, South Africa and Guernsey may be restricted by law. Accordingly, the Scrip Circular may not be distributed or published in any jurisdiction except under circumstances that will result in compliance with any applicable laws and regulations. Persons into whose possession the Scrip Circular comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
Enquiries:
Sirius Real Estate +49 (0)30 285010110
Andrew Coombs, CEO
Alistair Marks, CFO
Peel Hunt +44 (0)20 7418 8900
Capel Irwin
Edward Fox
Canaccord Genuity Limited +44 (0)20 7523 8000
Bruce Garrow
Chris Connors
JSE Sponsor: PSG Capital +27 (0)21 887 9602
David Tosi
Willie Honeyball
Novella +44 (0)20 3151 7008
Tim Robertson
Toby Andrews
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUGGBUPUPQGPP
(END) Dow Jones Newswires
December 02, 2016 07:15 ET (12:15 GMT)
1 Year Sirius Real Estate Ld Chart |
1 Month Sirius Real Estate Ld Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions