The General Shareholders’ Meeting of Lar España SOCIMI S.A, held on 29 May 2017, on second call, has approved, among other resolutions, to distribute:
(i) as dividend for the fiscal year, an amount of 3,416 thousand euros, at a ratio of 0.038 euros gross per share;
(ii) with charge to share premium, an amount of 26,584 thousand euros, at a ratio of 0.294 euros gross per share
Therefore, Lar España Real Estate SOCIMI, S.A. will allocate a total of 30,000 thousand euros to make these payments (total dividend of 0.33 euros per share) for the financial year 2016, which represents an increase of 65% of the shareholder’s remuneration during the previous year.
The distribution has been carried out on 31 May 2016.