Lar España SOCIMI S.A held a second General Shareholder Meeting on 29th May 2017, at which it approved, among other resolutions, the payment of:
(i) a dividend for the fiscal year, in the amount of €3,416,000, at a gross ratio of €0.038 per share;
(ii) a share premium, in the amount of €26,584,000, at a gross ratio of €0.294 per share
Lar España Real Estate SOCIMI, S.A. will allocate a total of €30,000,000 to make these payments (total dividend of €0.33 per share) for the financial year 2016, which represents a 65% increase on the shareholder remuneration for the previous year.
The payments were made on 31 May 2017