PRESS RELEASEThis 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 JAPANTAG Immobilien AG: 31.3% of shareholders opt for scrip dividend
- Total number of TAG shares increases by 0.6%
- EUR 15.4m remains within the company to provide additional support for further growth
Hamburg,
6 June 2025
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
