Sirius Real Estate Limited Second scrip allotment (7354Z)

TIDMSRE

RNS Number : 7354Z

Sirius Real Estate Limited

14 January 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

14 January 2020

Sirius Real Estate Limited

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

Interim Dividend for the six months ended 30 September 2019

Second Allotment of Scrip Dividend

Reference is made to the announcement made on 10 January 2020. A further issue of 5,779 New Shares was made on 14 January 2020 pursuant to the Scrip Dividend Alternative. This further issue was made to rectify an administrative error whereby a valid Scrip Election from a Shareholder on the UK Register was incorrectly rejected by the Company's UK Registrar.

The revised total amount of Interim Dividend payable on 17 January 2020, calculated in accordance with the terms of the Circular, is EUR18,220,542.25, of which EUR11,344,711.09 is payable in cash and the cash equivalent of EUR6,875,831.16 is satisfied through the issue of the New Shares. The Company's Employee Benefit Trust has waived its right to the Interim Dividend.

Following the issue of the New Shares, the revised total number of voting rights in the Company is 1,038,369,821. There are no shares held in treasury.

Applications 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 Johannesburg Stock Exchange ("JSE"). It is expected that trading in the New Shares will commence on the LSE at 08:00 (UTC) and on the JSE at 09:00 (SAST) on Friday, 17 January 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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January 14, 2020 07:15 ET (12:15 GMT)