31.3% of shareholders opt for scrip dividend
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EQS-News: TAG Immobilien AG
/ Key word(s): Dividend
PRESS RELEASE
This document is not an offer of securities for sale in the United States of America. The subscription rights and the shares referred to herein have not been and will not be registered under the U.S. Securities Act of 1933. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration. NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN TAG Immobilien AG: 31.3% of shareholders opt for scrip dividend
This year, TAG Immobilien AG offered its shareholders a scrip dividend for the first time. With 99.99% of the votes, the Annual General Meeting resolved, on 16 May 2025, the distribution of a dividend of EUR 0.40 per share for the financial year 2024 as well as to offer the option of a scrip dividend. Thus, for the first time, shareholders had the option of choosing between a cash distribution (cash dividend) and new TAG shares (scrip dividend) during the subscription period from 19 May 2025 to 2 June 2025. In total, shareholders representing 31.3% of the dividend-bearing shares opted to receive their dividend in the form of new TAG shares thereby providing additional support for TAG's growth plans, particularly in Poland. Based on this acceptance rate, 1,067,625 new shares will be issued, increasing the total number of TAG shares by 0.6% from 175,489,025 to 176,556,650 shares. The new shares are expected to be included in the listing of TAG's existing shares on the regulated market of the Frankfurt Stock Exchange on 17 June 2025. The cash dividend and any fractional amounts are also expected to be paid on 17 June 2025. Contact TAG Immobilien AG Dominique Mann Head of Investor & Public Relations Phone +49 (0) 40 380 32 305 ir@tag-ag.com
06.06.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | TAG Immobilien AG |
| Steckelhörn 5 | |
| 20457 Hamburg | |
| Germany | |
| Phone: | 040 380 32 0 |
| Fax: | 040 380 32 388 |
| E-mail: | ir@tag-ag.com |
| Internet: | https://www.tag-ag.com |
| ISIN: | DE0008303504 |
| WKN: | 830350 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2152326 |
| End of News | EQS News Service |
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2152326 06.06.2025 CET/CEST
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