Notice of Dividend Amount • Jun 13, 2019
Notice of Dividend Amount
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From the statutory director
REGULATED INFORMATION EMBARGO UNTIL 13/06/2019 – 8:30 AM
To support its further growth Montea offered its shareholders an optional dividend again. A total of 43% of coupons no. 21 (which represent the dividend for financial year 2018) were exchanged for new shares.
Accordingly, 120,006 new shares have been issued yesterday after market closing by notarial deed for a total issue size of € 8,733,076.63 (€ 2,445,722.28 in capital and € 6,287,354.35 in issue premium) within the authorized capital. The newly created shares are expected to be admitted for trading on Euronext Brussels and Euronext Paris as of 14 June 2019.
Going forward, the share capital of Montea will be represented by 15,782,594 shares. The dividend rights that were not contributed are to be paid out in cash. The net total amount to be paid out comes to € 11,539,766.11.
The actual settlement of the dividend will take place on Friday, 14 June 2019, according to the choice of the shareholders: (i) the newly issued shares in exchange for the contribution of the dividend rights will be delivered; (ii) the dividend will be paid out in cash; (iii) a combination of the two foregoing options.
As a result of the completion of the capital increase and the issue of 120,006 new shares for a total issue price of € 8,733,076.63 (€ 2,445,722.28 in capital and € 6,287,354.35 in issue premium), on 12 June 2019 after market closing, Montea's subscribed capital amounted to € 327,935,546.86. The capital is as of that date represented by 15.782.594 fully paid up ordinary shares. There are no preferred shares or non-voting shares, nor any convertible bonds or warrants which give entitlement to shares. Each of these shares gives entitlement to one vote at the General Meeting of Shareholders and these shares thus represent the numerator for the purposes of notification pursuant to the transparency legislation (i.e. notifications particularly in the event of reaching, exceeding or falling below the statutory or legal thresholds).
In addition to the legal thresholds, pursuant to Article 18, §1 of the Transparency Act, the Articles of Association of Montea provide for an additional statutory threshold of 3%.
Montea Comm. VA is a public property investment company (PPIC – SIIC) under Belgian law, specialising in logistical property in the Benelux and France. The company is a leading player on this market. Montea literally offers its customers room to grow by providing versatile, innovative property solutions. This enables Montea to create value for its shareholders. As at 31/03/2019, Montea's portfolio of property represented total floor space of 1.299.301 m² spread across 64 locations. Montea Comm. VA has been listed on NYSE Euronext Brussels (MONT) and Paris (MONTP) since 2006. Montea was awarded the EPRA BPR Gold Award on 5/09/2018.
Jo De Wolf | +32 53 82 62 62 | [email protected] www.montea.com
Press release – Regulated information Embargo until 13/06/2019 – 8u30
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