SIRIUS REAL ESTATE
LIMITED
(Incorporated in
Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54
7 February 2025
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
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-month period
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 United Kingdom
("UK") share register holding 2.7
million Shares or 0.18% of Sirius' issued share capital as at 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 at
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 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 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 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
Ellis Smith
SiriusRealEstate@fticonsulting.com
JSE Sponsor
PSG Capital
