The Board of NEPI Rockcastle N.V. has declared a dividend of 27.85 euro cents per share for H2 2022, corresponding to a 95% dividend pay-out ratio, to be settled as capital repayment (default option). The shareholders can also elect for the settlement of the same dividend amount as ordinary cash distribution out of distributable profits. As an alternative, the shareholders may elect to receive a dividend of 29.32 euro cents, corresponding to a 100% pay out ratio, as a return of capital by way of an issue of new shares.

A circular containing full details of the election being offered to shareholders, accompanied by announcements on the Stock Exchange News Service (SENS) of the JSE, A2X and Euronext Amsterdam will be issued in due course.