NEPI Rockcastle Plc (DE:0A3) has released an update.
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NEPI Rockcastle has announced details for shareholders choosing the scrip issue option for their interim dividend, revealing that any fractional entitlements will be compensated with a cash payment. The value for calculating these payments is based on a 10% discount of the weighted average share price on the JSE, with a specific ZAR to EUR conversion rate provided for Euronext Amsterdam shareholders. The company reminds shareholders of the unchanged salient dates and the availability of the dividend election circular on their website for tax implications.
For further insights into DE:0A3 stock, check out TipRanks’ Stock Analysis page.
