alstria is to pay out a dividend of 52 cents per share
12 June 2009 - 12:11AM
Business Wire
alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1), an
Hamburg-based internally managed Real Estate Investment Trust
(REIT) solely focused on acquiring, owning and managing office real
estate in Germany uses its net income for the fiscal year 2008,
amounting to EUR 28.5 million, to pay out a dividend of EUR 0.52
per share. This resolution was adopted at the company's ordinary
Annual General Meeting held in Hamburg on June 10, 2009. The share
will trade ex-dividend as of today.
Shareholders will be entitled for the first time to exchange
their cash dividend for a stock dividend (Offer). The shares
offered in exchange for the dividend will be valued at a discount
of at least 20% on the average XETRA closing price of the 16th,
17th and the 18th of June 2009. The final price and discount will
be published on the 19th of June 2009.
Dividend claims of shareholders that have not opted for the
stock dividend by June 24, 2009 will be paid out on June 29, 2009.
The shareholders who have opted for the stock dividend will receive
their shares and � in case of an oversubscription of the offer �
the partial payout on July 6, 2009. Shareholders who are tax
resident in Germany are fully exempt from taxes on this year�s
dividend payment by alstria.
Shareholders who want to opt for the stock dividend should get
in touch with their custodian bank or can contact alstria for
further details.
Information on the alstria dividend available on the
Internet
Please note the detailed information on the dividend payout
(offer, dividend announcement, tax notices, etc.) on our website
www.alstria.com website (under "Investor Relations" � "General
Meeting").
Notice to US shareholders:
The Offer is made for the securities of a foreign company. The
Offer is subject to the disclosure requirements of a foreign
country that are different from those of the United States. It may
be difficult for you to enforce your rights and any claim you may
have arising under the US federal securities laws, since the issuer
is located in a foreign country, and some or all of its officers
and directors may be residents of a foreign country. You may not be
able to sue the foreign company or its officers or directors in a
foreign court for violations of the US securities laws. It may be
difficult to compel a foreign company and its affiliates to subject
themselves to a US court�s judgment. The offer is addressed solely
to the shareholders of alstria office REIT-AG.
About alstria:
alstria office REIT-AG (alstria) is an internally managed real
estate investment trust (REIT) focused solely on acquiring, owning
and managing office real estate in Germany. alstria was founded in
January 2006 and converted into the first German REIT in October
2007. The company is headquartered in Hamburg.
alstria owns a diversified portfolio of office properties in
prime locations throughout Germany. alstria's current portfolio
comprises 89 properties with an aggregate lettable space of
approximately 944,000 m2 and is valued at roughly EUR 1.8
billion.
alstria's strategy is based on active building and portfolio
management as well as on establishing and maintaining close,
long-term relationships with tenants and key decision makers. In
the process, alstria focuses on creating sustained and lasting
property values.
For further information, please see: �
www.alstria.com
http://alstria.blogspot.com
Disclaimer:
This release constitutes neither an offer to sell nor a
solicitation of an offer to buy any shares. As far as this press
release contains forward-looking statements with respect to the
business, financial condition and results of operations of alstria
office REIT-AG (alstria), these statements are based on current
expectations or beliefs of alstria's management. These
forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results or performance of the
Company to differ materially from those reflected in such
forward-looking statements. Apart from other factors not mentioned
here, differences could occur as a result of changes in the overall
economic situation and the competitive environment � especially in
the core business segments and markets of alstria. Also, the
development of the financial markets and changes in national as
well as international provisions particularly in the field of tax
legislation and financial reporting standards could have an effect.
Terrorist attacks and their consequences could increase the
likelihood and the extent of differences. alstria undertakes no
obligation to publicly release any revisions or updates to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events.
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