Cibus Nordic Real Estate AB (publ) intends to transition to monthly dividends

The board of directors of Cibus Nordic Real Estate AB (publ), reg. no. 559135-0599, are currently investigating the practicalities associated with monthly dividends payments. The board of directors will announce a notice to attend an extraordinary general meeting once this investigation has been completed. Therefore, the board of directors will only propose a resolution on distribution of dividends for the first quarterly dividend payment in June of EUR 0.22 at the annual general meeting.

The board of directors' intention is that the dividends payments for the twelve months following the annual general meeting shall amount to EUR 0.89 per share. Furthermore, the board of director's intention is that during the following twelve months the company shall transition to monthly dividends payments. All practicalities regarding the transition are not in place at this time and the board of directors will only propose a distribution of dividends for the first quarterly dividend payment in June of EUR 0.22, with a record date on 18 June 2020, with an expected payment date on 29 June 2020, at the annual general meeting.

The board of directors' intention is to, at a later date, announce a notice to attend an extraordinary general meeting to be held prior to the end of September 2020 and in connection with the general meeting, the board of directors will propose that the general meeting resolve upon distribution of dividends in the amount of EUR 0.67 per share (including record dates) so that the total distribution of dividends for the twelve-month period amounts to EUR 0.89 per share. The board of directors' proposal will be predicated on that the remaining dividends payments will transition to monthly payments.

The board of directors will continue to uphold the company's dividends policy, which states a pursuit for an annual increase in dividends of 5 per cent also for the coming years.

For further information, please contact:
Sverker Källgården, CEO, Cibus Nordic Real Estate AB (publ), tel: +46 761 444 888

Cibus is a real estate company listed on Nasdaq First North Premier Growth Market in Stockholm. The company's business idea is to acquire, develop and manage high quality properties in the Nordics with daily goods store chains as anchor tenants. The company currently owns approximately 250 properties in Finland and Sweden. The main tenants are Kesko, Tokmanni, Coop and S-Group. FNCA Sweden AB, +46 (0) 8-528 00 399 [email protected], is appointed Certified Adviser.


Om Cibus

Cibus affärsidé är att förvärva, förädla och utveckla högkvalitativa fastigheter i Norden med välrenommerade livsmedelsbutiker och dagligvarukedjor som ankarhyresgäster för att kunna ge en stabil, konjunkturoberoende och ökande utdelning till våra aktieägare.

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Marknad Stockholmsbörsen Kortnamn CIBUS ISIN-kod SE0010832204