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DIC Asset AG concludes 2021 scrip dividend with high acceptance rate of 47.27%

DGAP-News: DIC Asset AG / Key word(s): Dividend DIC Asset AG concludes 2021 scrip dividend with high acceptance rate of 47.27% 19.04.2021 / 07:30 The issuer is solely responsible for the content of this announcement. Press Release

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DIC Asset AG concludes 2021 scrip dividend with high acceptance rate of 47.27%

• Acceptance rate of 47.27% again proves high shareholder confidence in company strategy
• Gross proceeds in the amount of c. EUR 19.0 million strengthen equity for future growth
• 1,274,135 new no-par value shares issued (capital increase of +1.6%)

Frankfurt am Main, 19 April 2021. DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany's leading listed property companies, successfully concluded its offer of a scrip dividend for the 2020 financial year with a high acceptance rate of 47.27% (previous year: 40.25%). Expected on 26 April 2021, a total of 1,274,135 new shares with full dividend entitlement will be credited to the securities accounts of DIC Asset AG shareholders, and admitted for trading on the regulated market of the Frankfurt Stock Exchange. Following registration of the capital increase in the commercial register on 16 April 2021, the number of DIC Asset AG shares outstanding now equals 81,861,163 and is thus around 1.6% higher than before. The gross proceeds from the issuance of new shares add up to c. EUR 19.0 million, strengthening the company's equity base.

"This makes it the fourth time that we successfully offered a scrip dividend. Its acceptance rate of around 47% is clear evidence of our shareholders' support, filling us with pride and encouragement going forward. The extra boost to our equity base will help us stay on course with our growth course and to retain our ability to act quickly, creatively and reliably on the market," commented Sonja Wärntges, CEO of DIC Asset AG.