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Ascencio AGM Information 2019

Jan 31, 2019

3907_rns_2019-01-31_1493b06b-a216-43d8-b30b-7b429f1d4ea5.pdf

AGM Information

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PRESS RELEASE

Regulated information

31 January 2019 Under embargo until 5.40 p.m.

A S C E N C I O S C A

O R D I N A R Y G E N E R A L M E E T I N G O F S H A R E H O L D E R S O F 3 1 J A N U A R Y 2 0 1 9

The Ordinary General Meeting of Shareholders of 31 January 2019 approved all the proposed resolutions on the agenda, which mainly concerned the financial statements of Ascencio SCA for the year ended 30 September 2018.

2.514.836 shares of Ascencio SCA were represented, or 38.13% of the total number of shares in existence.

Approval of the annual accounts of Ascencio SCA and appropriation of profit

The Meeting approved the distribution of a gross dividend of EUR 3.40 per share.

The Meeting gave discharge to the Statutory Manager and the Statutory Auditor, SCRL Deloitte, for the performance of their mandates.

The meeting approved, by separate vote, the compensation report for the financial year ended 30 September 2018.

Lastly, in accordance with Article 556 of the Companies Code, the General Meeting approved the "change of control" clauses stipulated in the company's loan covenants.

The calendar for the the payment of the dividend is as follows :

Date of detachment of coupon number 16 (ex-date)
carrying entitlement to a gross dividend of EUR 3.40
5 February 2019
Record date 6 February 2019
Date of payment 7 February 2019

Approval of the financial statements of "Rix Retail SA"

Rix Retail S.A., owner of the stores located on the site "Les Papeteries de Genval", was absorbed by Ascencio S.C.A. on 11 October 2018, with effect from 1st October 2018.

The General Meeting of Shareholders of Ascencio SCA resolved to approve the financial statements of Rix Retail S.A. for the period from 1st October 2017 to 30 September 2018 inclusive.

The Meeting also granted discharge to the directors and the Statutory Auditor for the performance of their mandates during the financial year ended 30 September 2018 and insofar as necessary for the period from 1 October 2018 to 11 October 2018.

Financial calendar

Interim statement as at 31 December 2018 28 February 2019
Semi-annual financial report as at 31 March 2019 14 June 2019
Interim statement as at 30 June 2019 8 Augustus 2019
Annual press release as at 30 September 2019 22 November 2019
Ordinary shareholders general meeting 31 January 2020

For any additional information :

Stéphanie VANDEN BROECKE

Secretary General & General Counsel Tél : 071.91.95.00 [email protected] Michèle DELVAUX

Chief Financial Officer Tél : 071.91.95.00 [email protected]

Vincent H. QUERTON

Chief Executive Officer Tél : 071.91.95.00 [email protected]

Active in Belgium, France and Spain, Ascencio is a Regulated Real Estate Company (public SIR) specialising in investment in commercial premises located principally on urban peripheries. We represent some ten sectors of activity, however, predominantly the food sector. Listed on Euronext Brussels since 2007, Ascencio develops a coherent policy aimed at optimising its results over time and ensuring stable profits for all its shareholders.