Atrium European Real Estate Limited
EANS-Adhoc: Atrium European Real Estate Limited
DECLARATION OF SPECIAL
DIVIDEND
09.06.2017 – 07:20
-------------------------------------------------------------------------------- Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Dividend Announcements/Distribution 09.06.2017 St Helier Jersey / Channel Islands - Atrium European Real Estate Limited ("Atrium") DECLARATION OF SPECIAL DIVIDEND Ad hoc announcement - Jersey, X June 2017. Atrium European Real Estate Limited (VSE/ Euronext: ATRS) (the "Company" and together with its subsidiaries, the "Group"), a leading owner, operator and redeveloper of shopping centres and retail real estate in Central and Eastern Europe, is pleased to announce that its Board of Directors has approved the payment of a special dividend (the "Special Dividend") of EUR0.14 per ordinary share, representing an aggregate return to shareholders of the Company of approx. EUR52.8 million. The payment of the Special Dividend reflects the Board's continuing confidence in the Group's prospects, strong cash position and low leverage. Following the payment of the Special Dividend the Company retains adequate liquidity and financial flexibility to complete its current anticipated redevelopment and asset improvement programme and to make selective acquisitions, should they arise. The Special Dividend will be paid (as a capital repayment) on 30 June 2017 to shareholders on the register as at 23 June 2017, with an ex-dividend date of 22 June 2017, at the same time as and in addition to the regular quarterly dividend. The final payments of the 2017 regular dividend are scheduled to be paid in September and December this year, as approved in November 2016. As usual, the terms of the regular annual dividend for 2018 will be reviewed by the Board in November 2017 and announced with the Company's third quarter trading update. Further information can be found on Atrium's website www.aere.com [http:// www.aere.com/] or from: Analysts: Ljudmila Popova lpopova@aere.com Press & Shareholders: FTI Consulting Inc +44 (0)20 3727 1000 Richard Sunderland Claire Turvey Ellie Sweeney atrium@fticonsulting.com [atrium@fticonsulting.com] Atrium is established as a closed-end investment company incorporated and domiciled in Jersey and regulated by the Jersey Financial Services Commission as a certified Jersey listed fund, and is listed on both the Vienna Stock Exchange and the Euronext Amsterdam Stock Exchange. Appropriate professional advice should be sought in the case of any uncertainty as to the scope of the regulatory requirements that apply by reason of the above regulation and listings. All investments are subject to risk. Past performance is no guarantee of future returns. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. Further inquiry note: For further information: FTI Consulting Inc.: +44 (0)20 3727 1000 Richard Sunderland Claire Turvey Ellie Sweeney atrium@fticonsulting.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Atrium European Real Estate Limited Seaton Place 11-15 UK-JE4 0QH St Helier Jersey / Channel Islands phone: +44 (0)20 7831 3113 FAX: mail: richard.sunderland@fticonsulting.com WWW: http://www.aere.com ISIN: JE00B3DCF752 indexes: stockmarkets: Luxembourg Stock Exchange, Wien language: English