Notice of Dividend Amount • Nov 20, 2018
Notice of Dividend Amount
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20 November 2018 – after closing of the markets
Public limited liability company Public regulated real estate company under Belgian law Registered office: Rue Belliard 40 (box 11), 1040 Brussels Enterprise number: 0877.248.501 (RLE Brussels) (the "Company")
Shareholders opt for 45 % of the shares for a dividend in shares
Aedifica's shareholders have chosen for approx. 45 % of their shares for a contribution of their net dividend claim in exchange for new shares, instead of a dividend in cash. This results in a capital increase of approx. €17 million through the issuance of 240,597 new shares, as a result of which the aggregate number of Aedifica shares amounts to 18,441,426.
This capital increase leads to a retention of own funds within the Company that will be used to strengthen its equity and to lower its (legally limited) debt-to-assets ratio. Furthermore, it offers Aedifica the possibility to take on additional debt financing, and to continue to pursue continued growth through incremental future investments.
This result leads to a decrease in the debt-to-assets ratio of approx. 0.9 % (in comparison with a 100 % dividend payment in cash), and to a total capital increase of approx. €17 million (capital and issue premium) following the exercise of the optional dividend.
Today (Tuesday 20 November 2018) Aedifica initiated the settlement of the dividend, whereby, depending on the shareholders' choice, (i) new shares will be delivered, issued in consideration for the contribution of net dividend rights (ii) the dividend in cash will be paid, or (iii) a combination of the two previous options.
The new shares are listed on the regulated market Euronext Brussels and are immediately tradable.
20 November 2018 – after closing of the markets
Following the capital increase in kind and the issuance of 240,597 new shares at an issue price of €17,383,133.25 (i.e. €6,348,821.62 booked as capital and €11,034,311.63 booked as issue premium), the aggregate capital of Aedifica SA now amounts to €486,628,362.29. The capital is represented by 18,441,426 fully paid-up shares. There are no preferred shares. Each of these shares entitles to one voting right at the General Meeting, and these shares represent the denominator for the purposes of notifications under the transparency regulations (i.e. notifications in case of (amongst other things) reaching, crossing or falling below the legal thresholds).
Aedifica's Articles of Association do not provide additional statutory thresholds with respect to notifications required under the transparency regulations.
This information is also published on Aedifica's website.
No outstanding options or warrants have been issued that entitle their holders to shares.
Aedifica is a Regulated Real Estate Company under Belgian law specialised in healthcare real estate, particularly in senior housing. Aedifica has developed a portfolio worth more than €1.8 billion in Belgium, Germany and in The Netherlands.
Aedifica has been quoted on Euronext Brussels (regulated market) since 2006 and is identified by the following ticker symbols: AED; AED:BB (Bloomberg); AOO.BR (Reuters).
The Company's market capitalisation was €1.3 billion as of 31 October 2018.
Aedifica is included in the EPRA indices.
Stefaan Gielens mrics Chief Executive Officer
T +32 2 626 07 72 [email protected] www.aedifica.eu
T +32 2 626 07 73 [email protected] www.aedifica.eu
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