Admission of Scrip Shares

RNS Number : 7607U

Sirius Real Estate Limited

20 January 2017

 

20 January 2017

Sirius Real Estate Limited

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

Admission of Scrip Shares

Sirius Real Estate is pleased to confirm that further to the announcement on 13 January 2017, the allotment of 11,027,524 ordinary shares ("Scrip Shares") pursuant to the Company's Scrip Dividend Plan, represents a scrip election on 47.7% of the total number of shares in issue.  This reflects a high preference by investors for the Scrip Alternative and has also resulted in a €5.5 million reduction in the cost of the cash dividend.

The Company can confirm that the Scrip Shares have been successfully issued and admitted to the AltX and to AIM today. 

Enquiries:

Sirius Real Estate                                                                      [phone]             

Andrew Coombs, CEO

Alistair Marks, CFO            

Peel Hunt                                                                                    [phone]

Capel Irwin 

Edward Fox            

Canaccord Genuity Limited                                                      [phone]

Bruce Garrow

Chris Connors                                                                                  

JSE Sponsor: PSG Capital                                                        [phone]

David Tosi                                                                                                    

Willie Honeyball

Novella                                                                                        [phone]

Tim Robertson

Toby Andrews

 

END

 

 

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