| Shareholders are referred to the Company’s financial results announcement for the six months ended 30 September 2024 and the announcement titled “Cash Dividend And Offer Of Dividend Reinvestment Plan” (the “Finalisation Announcement”), both published on SENS on 18 November 2024 (the “Announcements”), containing, inter alia, details of the cash dividend declared by the Company for the six months ended 30 September 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 23 January 2025. The deadline for receipt of the DRIP elections was 30 December 2024. |
| Following the respective DRIP share purchase settlement dates as set out in the Finalisation Announcement, the Company hereby advises that: |
| - Shareholders on the United Kingdom (“UK”) share register holding 2.7 million shares or 0.18% of Sirius’ issued share capital as of 13 December 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 81,958 Shares in the market at an average price of £0.7740 per share and their delivery to such electing shareholders. |
| - Shareholders on the South African (“SA”) share register holding 48.0 million shares or 3.18% of Sirius’ issued share capital as of 13 December 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 1,381,364 Shares in the market at an average price of R18.36865 per share and their delivery to such electing shareholders. |
| As the Shares settled on shareholders under 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 30 September 2024 was |
| €46,025,880.54, of which €44,720,096.26 was paid in cash, and the cash equivalent of €1,553,784.28 was satisfied through the delivery of Sharesundero the DRIP. The Company’s Employee Benefit Trust has waived its right to the Cash Dividend. |
| For the full document, click the link below: |
| Sirius Real Estate Limited |
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