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NEPIRock - circular to shareholders
Shareholders were referred to NEPI Rockcastle's interim results for the six months ended 30 June 2025, published on Tuesday, 19 August 2025, wherein shareholders were advised that the board of directors had declared an interim dividend of EUR27.95 cents per share for the six months ended 30 June 2025 ("interim dividend"), corresponding to a 90% dividend pay- out ratio.
The board of directors of the Company has resolved to offer to NEPI Rockcastle shareholders the election to receive the interim dividend either:
- via a reduction and repayment in cash of the nominal value per share ("capital repayment"), by way of amendments to articles of association of the Company ("the Articles"), as approved by shareholders at the annual general meeting held on 15 May 2025; or
- as an ordinary cash dividend out of distributable profits ("cash dividend").
No scrip dividend alternative is offered in respect of the interim dividend. Both options above will be settled in cash.
A circular in this regard was posted today and is available on the Company's website at:
nepirockcastle.com/wp-content/uploads/2025/08/Circular-to-NEPI-Rockcastle-shareholders-in-respect-of-the- interim-dividend-for-the-six-months-ended-30-June-2025.pdf
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Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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