Sirius Real Estate Limited Dividend & Allotment of Scrip Dividend (9171V)

TIDMSRE

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 EUR18,645,893.99, of which EUR12,603,195.19 is payable in cash and the cash equivalent of EUR6,042,698.80 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   [phone] 
 
Tavistock 
 Jeremy Carey 
 James Verstringhe     [phone] 
JSE Sponsor 
 PSG Capital 
 

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August 12, 2020 09:00 ET (13:00 GMT)