Results of Dividend Reinvestment Plan
Dividend reinvestment plan results: 540,336 shares purchased for UK shareholders, 2,944,999 for SA shareholders.
- UK shareholders participation 20.9 million Shares (1.38%)
- SA shareholders participation 118.2 million Shares (7.81%)
- UK shares purchased via DRIP 540,336 Shares
- SA shares purchased via DRIP 2,944,999 Shares
- Total cash dividend payable €46,538,409.63
- Cash paid in dividend €42,238,367.33
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LSE (GBP) Share Code: SRE
Sirius Real Estate Limited
("Sirius Real Estate", "Sirius" or the "Company")
Results of Dividend Reinvestment Plan
Shareholders are referred to the Company's financial results announcement for the six months ended 31 March 2025 and the announcement titled "Cash Dividend And Offer Of Dividend Reinvestment Plan" (the "Finalisation Announcement"), both published on SENS on 2 June 2025 (the "Announcements"), containing, inter alia, details of the cash dividend declared by the Company for the six-month period ended 31 March 2025 (the "Cash Dividend"), and advising shareholders of the Dividend Reinvestment Plan ("DRIP") alternative.
As indicated in the Announcements, shareholders could elect to receive their Cash Dividend in the form of Sirius ordinary shares ("Shares"), failing which the dividend would be paid out in cash on 24 July 2025. The deadline for receipt of the DRIP elections was 30 June 2025.
- Shareholders on United Kingdom ("UK") share register holding 20.9 million Shares or 1.38% of Sirius' issued share capital as at 27 June 2025 (UK record date), and who qualified to receive the Cash Dividend, elected to receive Shares in terms of the DRIP, resulting in the purchase of 540,336 Shares in the market at an average price of £0.993741 per share and their delivery to such electing shareholders.
- Shareholders on the South African ("SA") share register holding 118.2 million Shares or 7.81% of Sirius' issued share capital as at 27 June 2025 (SA record date), and who qualified to receive the Cash Dividend, elected to receive Shares in terms of the DRIP, resulting in the purchase of 2,944,999 Shares in the market at an average price of R24.84913 per share and their delivery to such electing shareholders.
As the Shares settled on shareholders pursuant to the DRIP were purchased in the market and not newly issued by the Company, the Company's total issued share capital remains 1,513,175,644 Shares of no par value. The Company does not hold any Shares in treasury.
The total Cash Dividend amount payable for the six months ended 31 March 2025 was €46,538,409.63 of which €42,238,367.33 was paid in cash and the cash equivalent of €4,300,042.30 was satisfied through the delivery of Shares pursuant to the DRIP. The Company's Employee Benefit Trust has waived its right to the Cash Dividend.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.