Globalworth Real Estate Investments Limited announced an interim dividend of 7 cents per ordinary share for the six months ended June 30, 2026, approved by the board on August 26, 2026. Shareholders may elect to receive new ordinary shares instead of cash for all or part of their entitlement under a scrip dividend program.
The scrip option will be priced at a 20% discount to the average middle market quotations over five consecutive dealing days starting from the ex-dividend date of September 3. The reference price for the scrip shares is expected to be announced on September 10, with the final election deadline set for September 18 at 5:00 p.m. The payment or crediting date for both cash and scrip dividends is October 9.
The company cited dividend restrictions limiting cash payouts to €10.0 million per calendar year, with approximately €0.3 million already paid in cash dividends in March 2026. Up to €9.7 million may be distributed in cash for the proposed dividend. Globalworth’s portfolio was valued at €2.6 billion as of June 30, 2026.
Major shareholders Zakiono Enterprises Ltd, CPI Property Group S.A., and Growthpoint Properties Ltd, who collectively hold about 92.6% of the issued share capital, have agreed to receive scrip dividends for shares totaling 53.9% of the issued share capital. The cash portion payable to these three shareholders will amount to approximately €8.2 million.
