Interim dividend
The Board of Management of Eurocommercial Properties N.V. herewith announces that it has
decided today to declare an interim dividend for the financial year ended on 31 December
2023 of €0.64 in cash per share.
The ex-dividend date is Thursday 11 January 2024.
The dividend will be payable on Tuesday 30 January 2024. The dividend in cash, net of 15%
Dutch dividend withholding tax (“the Cash Dividend”), will be made available to the
shareholders via the financial institution where these shares are administered at close of
business on Friday 12 January 2024 (the “Record Date”).
Also, it has been decided to allow shareholders from 15 January 2024 until 17.45 hours (CET)
on 26 January 2024, the choice of taking the dividend in the form of shares instead of taking
the Cash Dividend, in a ratio of one (1) share chargeable to the fiscal share premium reserve,
for every thirty-seven (37) shares held. To that end, for each one (1) existing share, one (1)
dividend right will be created; thirty-seven (37) dividend rights entitle the holder to one (1) new
share which will rank for the dividend for the year 2024 and subsequent years (the “Stock
Dividend”).
The ISIN code for dividend rights is NL0015001WJ2
Shareholders have until Friday 26 January 2024 at 17.45 hours (CET) to make their choice
known via their financial institution. Financial institutions may set an earlier deadline for
shareholders to make their choice known in order to permit the financial institution to
communicate these choices to the paying agent ABN AMRO Bank N.V. If no instruction is
given before 17.45 hours (CET) on 26 January 2024, the dividend will be payable in cash only.
The Stock Dividend will be distributed on Tuesday 30 January 2024.
Shareholders should carefully consider whether to opt for a dividend in cash or a stock
dividend, or a combination of the two, and should calculate which option is most attractive
taking into account their individual circumstances.