CTP N.V. Announces Scrip Take-up and Conversion Ratio of 2023 Final Dividend
May 16 2024 - 12:00PM
Business Wire
Regulatory News:
CTP N.V. (‘CTP’ or the ‘Company’), Europe’s largest listed
owner, developer and manager of logistics and industrial real
estate by gross lettable area, today announces the scrip take-up
and conversion ratio of its 2023 final dividend.
The 2023 final dividend amounted to €0.275 per ordinary share.
Shareholders were given the choice to receive the dividend either
in cash or in shares, with the share fraction for the dividend
based on the volume-weighted average price (VWAP) of the Company’s
shares on Euronext Amsterdam of the last three trading days of the
election period, ending on 15 May 2024 (including).
The number of dividend rights that entitles to 1 new ordinary
share has been set at 60.48. The share dividend corresponds to the
cash dividend of €0.275 per ordinary share.
Shareholders representing 33.57% of the total number of
outstanding ordinary shares have chosen to receive the dividend in
cash, while shareholders representing 66.43% of the total number of
outstanding ordinary shares opted for payment in shares.
After payment of the dividend by way of delivery of the ordinary
shares, the total number of issued and outstanding ordinary shares
will increase by 4,923,602 to a total of 453,226,903 ordinary
shares. The ordinary shares to be delivered as payment have a
nominal value of €0.16 per share, are fully fungible with the
Company's issued ordinary shares and will be listed and admitted to
trading on Euronext Amsterdam. The payment date for the dividend
payment in cash and delivery of the ordinary shares will be 20 May
2024.
About CTP
CTP is Europe’s largest listed owner, developer, and manager of
logistics and industrial real estate by gross lettable area, owning
12.0 million sqm of GLA across 10 countries as at 31 March 2024.
CTP certifies all new buildings to BREEAM Very good or better and
earned a ‘Low-Risk’ ESG rating by Sustainalytics, underlining its
commitment to being a sustainable business. For more information,
visit CTP’s corporate website: www.ctp.eu
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CONTACT DETAILS FOR ANALYST AND INVESTOR ENQUIRIES: Maarten
Otte, Head of Investor Relations Mobile: +420 730 197 500 Email:
maarten.otte@ctp.eu
CONTACT DETAILS FOR MEDIA ENQUIRIES: Patryk Statkiewicz, Group
Head of Marketing & PR Mobile: +31 (0) 629 596 119 Email:
patryk.statkiewicz@ctp.eu