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SIRIUS REAL ESTATE LIMITED - Allotment Of Scrip Dividend

Release Date: 07/08/2017 12:50
Code(s): SRE     PDF:  
Wrap Text
Allotment Of Scrip Dividend

SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
Share Code: SRE
ISIN Code: ISIN GG00B1W3VF54

                                                                                        7 August 2017

                                     Sirius Real Estate Limited

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

                                    Allotment of Scrip Dividend

Sirius Real Estate is pleased to confirm that on 18 August 2017, 7,991,787 ordinary shares will be
allotted and issued to the Company's shareholders who elected to receive ordinary shares under the
Scrip Dividend Programme as an alternative to receiving in cash the final dividend declared in respect
of the twelve months ended 31 March 2017, payable.

Following the issue of the new ordinary shares, the total number of voting rights in the Company will
be 926,153,673, the number of shares in treasury shall be 574,892 and the total number of ordinary
shares in issue (including those in treasury) will be 926,728,565.

Application will be made for the new ordinary 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 admission of the new ordinary shares will take place at commencement of
trade on both the LSE at 8am (BST) and on the JSE at 9am (SAST), on 18 August 2017.

For further information:

Sirius Real Estate                                       +49 (0)30 285010110

Andrew Coombs, CEO
Alistair Marks, CFO

Peel Hunt - Joint UK Bookrunner                          +44 (0)20 7418 8900

Capel Irwin
Edward Fox

Berenberg - Joint UK Bookrunner                          +44 (0)20 3207 7800

Chris Bowman
Toby Flaux

PSG Capital - Sole SA Bookrunner                         +27 (0)21 887 9602

David Tosi
Willie Honeyball

Novella                                                  +44 (0)20 3151 7008

Tim Robertson
Toby Andrews

About Sirius Real Estate

Sirius is a property company listed on the main market and premium segment of the London Stock
Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded
business parks providing conventional space and flexible workspace in Germany. The Company's core
strategy is the acquisition of business parks at attractive yields, the integration of these business parks
into its network of sites under the Company's own name as well as offering a range of branded products
within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the
local market, through intensive asset management and investment. The Company's strategy aims to
deliver attractive returns for shareholders by increasing rental income and improving cost recoveries
and capital values, as well as by enhancing those returns through financing its assets on favourable
terms. Once sites are mature and net income and values have been optimised, the Company may take
the opportunity to refinance the sites to release capital for investment in new sites or consider the
disposal of sites in order to recycle equity into assets which present greater opportunity for the asset
management skills of the Company's team.

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