Allotment of Scrip Dividend
SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
Share Code: SRE
ISIN Code: ISIN GG00B1W3VF54
10 August 2018
Sirius Real Estate Limited
("Sirius Real Estate", "Sirius" or the "Company")
Allotment of Scrip Dividend
Sirius Real Estate is pleased to confirm the allotment and issue of 3,288,212 ordinary shares 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 2018, payable on 17 August 2018. The total final dividend amount payable is €16,098,137.82,
of which €13,686,597.39 is payable in cash, the remainder of €2,411,540.43 will be issued by way of
the scrip dividend shares. The Company’s Employee Benefit Trust has waived its rights to the dividend,
reducing the cash amount payable to €13,678,995.97.
Following the issue of the new ordinary shares, the total number of voting rights in the Company will
be 1,009,421,826, 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 1,009,996,718.
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 17 August 2018.
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
Berenberg - Joint UK Bookrunner +44 (0)20 3207 7800
PSG Capital - Sole SA Bookrunner +27 (0)21 887 9602
Tavistock +44 (0)20 7920 3150
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.
Date: 10/08/2018 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Email this JSE Sens Item to a Friend.