SIRIUS REAL ESTATE
LIMITED
(Incorporated in
Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54
13 August 2024
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 2024 and the announcement titled "Cash Dividend And Offer Of Dividend
Reinvestment Plan" (the "Finalisation
Announcement"), both published on
SENS on 3 June 2024 (the "Announcements"), containing,
inter alia, details of the
cash dividend declared by the Company for the six-month period
ended 31 March 2024 (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 25 July 2024. The
deadline for receipt of the DRIP elections was 1 July
2024.
Following the respective DRIP share
purchase settlement dates as set out in the Finalisation
Announcement, the Company hereby advises that:
-
Shareholders on United Kingdom
("UK") share register holding 4.2
million Shares or 0.31% of Sirius' issued share capital as at 28
June 2024 (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 116,418 Shares in the market at an average price
of £0.931 per share and their delivery to such electing
shareholders.
-
Shareholders on the South African
("SA") share register holding
30.05 million Shares or 2.23% of Sirius' issued share capital as at
28 June 2024 (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 783,866 Shares in the market at an
average price of R22.48998 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 1,511,857,390 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 2024 was €40,965,246.44
of which €39,920,297.86 was paid in cash and the cash equivalent of
€1,044,948.58 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.
For further
information:
+44 (0) 20 3059 0855
Sirius Real Estate
Andrew Coombs, CEO
Chris Bowman, CFO
FTI Consulting (financial
PR)
Richard
Sunderland
+44 (0)20 3727 1000
James McEwan
Talia Shirion
SiriusRealEstate@fticonsulting.com
JSE Sponsor
PSG Capital