DGAP-News: 32% of LEG shareholders choose scrip dividend

These materials are not an offer of the solicitation of an offer for securities for sale in the United States. 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, as amended ("Securities Act"). The subscription rights may only be exercised, and the new shares may only be offered or sold, pursuant to an exemption from, or in transactions not subject to, the registration requirement of the Securities Act.

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN.

32% of LEG shareholders choose scrip dividend

LEG Immobilien SE once again offered its shareholders a scrip dividend. During the subscription period from 31 May 2021 to 14 June 2021, the shareholders were able to choose between the distribution of their dividend in cash or in the form of new shares.

In total, investors holding approximately 31.9% of the shares carrying dividend rights have decided to receive their dividend in the form of new shares. Therefore, approximately EUR 86.9 million will remain within the company.


Through the acceptance rate, the shareholders confirm LEG's strategic focus and underline their long-term confidence in the company's further development. Based on the acceptance rate, 743,682 new shares will be issued, increasing the total number of LEG shares by approximately 1% to 72,839,625 shares.


The new shares are expected to be listed on the regulated market of the Frankfurt Stock Exchange on 28 June 2021 when the new shares are incorporated in the listing of the existing shares of LEG.