ORDINARY GENERAL MEETING
1. Approval of the annual accounts
The ordinary general meeting of shareholders of 19 May 2014 has approved the statutory and consolidated annual accounts of Leasinvest Real Estate, closed at 31 December 2013, including the appropriation of the profit.
2. Dividend of the financial year 2013
The ordinary general meeting has decided to distribute on 26 May 2014 a gross dividend of 4.50 EUR, and net, free of withholding tax of 25%, 3.375 EUR for all the shares existing before the public capital increase of June 2013. The pro rata dividend for the shares existing before the capital increase amounts to 2.14 EUR gross (1.605 EUR net), and the pro rata gross dividend for the new shares, created following the capital increase, amounts to 2.36 EUR gross (net 1.77 EUR).
Dividends will be paid out at the financial institutions Bank Delen (main paying agent), ING Bank, Belfius Bank, BNP Paribas Fortis Bank and Bank Degroof, upon presentation of:
coupon no 16, or 2.14 EUR gross, on 4 June 2013 (after closing of the stock exchange), detached from the shares existing before the public capital increase, representing the right to the pro rata dividend for the financial year 2013, calculated pro rata for the period between 1 January 2013 and the issue date of the new shares, i.e. 25 June 2013, and
coupon no 17, or 2.36 EUR gross, representing the dividend for the period after the issue date of the new shares and 31 December 2013.
3. Issue condition 6.3. of the private bond loan 20 million EUR
The ordinary general meeting approves issue condition 6.3. of the bond loan issued by the Company on 4 December 2013 and the rights of the bond holders, as recorded in the placement memorandum for the private placement of bonds, dated 19 November 2013, holding the possibility for the bond holders to demand the anticipated refund of the bonds, in the case of a change of control (i.e. an Event of Accelerated Payment), in accordance with article 556 of the Company Code. As required by the second paragraph of that article, this decision will be filed in accordance with article 75, 3° of the Company Code, and will also be communicated as a notice in the Appendices to the Belgian Official Journal.
4. Issue conditions 7.2 and 20.6 of the syndicated loan of 22,500,000 EUR
The ordinary general meeting approves issue conditions 7.2 and 20.6 of the syndicated loan concluded by the Company on 23 December 2013 and the rights of the creditors, as recorded in the credit convention, and more specifically the change of control clause therein recorded, in accordance with article 556 of the Company Code. As required by the second paragraph of that article, this decision will be filed in accordance with article 75, 3° of the Company Code, and will also be communicated as a notice in the Appendices to the Belgian Official Journal.
EXTRAORDINARY GENERAL MEETING
Renewal of authorizations to the manager with regard to redemption and disposal of treasury shares
The extraordinary general meeting approves the renewal of authorizations to the manager with regard to redemption and disposal of treasury shares.
For more information, contact:
Leasinvest Real Estate
Micheline Paredis Jean-Louis Appelmans
Secretary General CEO
T: +32 3 238 98 77 T: +32 3 238 98 77
E-mail: email@example.com E: firstname.lastname@example.org
Leasinvest Real Estate SCA
Real estate investment trust (sicafi) Leasinvest Real Estate SCA invests in high quality and well-located retail buildings, offices and logistics buildings in the Grand Duchy of Luxembourg and in Belgium. At present the real estate portfolio of Leasinvest comprises 33 sites of which 18 are located in the Grand Duchy of Luxembourg and 15 in Belgium, with a total real estate value of 711 million euro.The sicafi is listed on Euronext Brussels and has a market capitalization of approximately 395 million euro (value 16 May 2014).