Growthpoint - update regarding dividend
10 September 2018 17:39
In its financial results for the year ended 30 June 2018, announced on Wednesday, 29 August 2018, ("results announcement"), Growthpoint advised its shareholders that the Board had agreed to offer shareholders a dividend re-investment alternative in terms of which a shareholder would be entitled to elect to reinvest all or part of the Final Dividend of 107.40 cents per share ("Final Dividend") declared for the six months ended 30 June 2018, in new Growthpoint shares, subject to the right to withdraw that reinvestment alternative.

Shareholders are now advised that, based on current market conditions and pricing of Growthpoint's shares, a sub-committee of the Board appointed for this purpose has decided not to continue with offering the election for shareholders to re-invest the Final Dividend in new Growthpoint shares. Accordingly, shareholders are advised that they will receive their Final Dividend in full, in cash.

The salient dates in respect of the payment of the Final Dividend remain unchanged from those set out in the results announcement.
Click here for original article

Attachments

  • Original document
  • Permalink

Disclaimer

Growthpoint Properties Limited published this content on 10 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 September 2018 17:16:03 UTC