Results of Dividend Reinvestment Plan

  • 07 August 2025 16:15:00
  • Source: Sharecast
RNS Number : 4754U
Sirius Real Estate Limited
07 August 2025
 

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 August 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 31 March 2025 and the announcement titled "Cash Dividend And Offer Of Dividend Reinvestment Plan" (the "Finalisation Announcement"), both published on SENS on 2 June 2025 (the "Announcements"), containing, inter alia, details of the cash dividend declared by the Company for the six-month period ended 31 March 2025 (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 24 July 2025. The deadline for receipt of the DRIP elections was 30 June 2025.

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 20.9 million Shares or 1.38% of Sirius' issued share capital as at 27 June 2025 (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 540,336 Shares in the market at an average price of £0.993741 per share and their delivery to such electing shareholders.

 

-    Shareholders on the South African ("SA") share register holding 118.2 million Shares or 7.81% of Sirius' issued share capital as at 27 June 2025 (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 2,944,999 Shares in the market at an average price of R24.84913 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 1,513,175,644 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 2025 was €46,538,409.63 of which €42,238,367.33 was paid in cash and the cash equivalent of €4,300,042.30 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

Anthony Gallagher

Group Company Secretary

 

FTI Consulting (financial PR)

Richard Sunderland                        +44 (0)20 3727 1000

James McEwan

Ellis Smith

 

SiriusRealEstate@fticonsulting.com

 

JSE Sponsor

PSG Capital

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