fbpx
19. 05. 2022

CTP N.V. Announces Conversion Ratio of Final Stock Dividend 2021

CTP N.V. ANNOUNCES CONVERSION RATIO OF FINAL STOCK DIVIDEND 2021

AMSTERDAM, 19 May 2022 – CTP N.V. (CTPNV.AS), (‘CTP’ or the ‘Company’) Continental Europe’s largest owner, developer and manager of high quality industrial and logistics real estate by gross lettable area (GLA), announces the conversion ratio of its final 2021 dividend.

Following its annual general meeting on 26 April 2022, CTP announced a final dividend of €0.18 per ordinary share. Following the payment of this final dividend and the interim dividend of €0.17 per ordinary share paid on 22 September 2021, the Company will have paid a full year dividend of €0.35 per ordinary share in respect of the financial year 2021.

Shareholders were given the choice to receive the final dividend either in cash or in shares, with the stock 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 18 May 2022.

The number of dividend rights that entitles to 1 new ordinary share has been set at 72.5.

The stock dividend corresponds to the cash dividend of€0.18 per ordinary share.

Shareholders representing approximately 88% of the total number of outstanding ordinary shares have chosen to receive the dividend in cash, while shareholders representing c. 12% of the total number of outstanding ordinary shares opted for payment in stock.

After payment of the final dividend by way of delivery of the ordinary shares, the total number of issued and outstanding ordinary shares will increase by 763,581 to a total of 433,577,716 ordinary shares. The ordinary shares to be delivered as payment have a nominal value of €0.16, 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 9 June 2022.

 

ENQUIRIES:

CTP

Sandra van Loon, Company Secretary
Mobile: +31 6 81 50 47 85
Email: sandra.vanloon@ctp.eu

Jan-Evert Post, Head of Funding & Investor Relations
Mobile: +31 615 038 729
Email : jan.evert.post@ctp.eu

 

 

About CTP

CTP is Continental Europe’s largest owner, developer and manager of logistics and industrial real estate by gross lettable area, owning over 9.3 million sqm of space in ten countries per 31 March 2022. CTP is the only developer in the region with its entire portfolio BREEAM certified and became carbon neutral in operations in 2021, underlying its commitment to being a sustainable business. For more information visit our corporate website: www.ctp.eu

Copy link
Powered by Social Snap