Share Information

2024 Interim Dividend

CTP proposed a final 2023 dividend of €0.275 per ordinary share, which will, subject to approval by the AGM, be paid on 20 May 2024. This will bring the total 2023 dividend to €0.525 per ordinary share, which represents a Company-specific adjusted EPRA EPS payout of 73%—in line with the Group’s dividend policy to pay-out 70%-80% – and a growth of 16.7% compared to 2022.

The dividend will be offered to shareholders by way of cash, after the deduction of 15% Dutch dividend withholding tax (if applicable), or shares , at the election of the shareholder. The dividend in shares is exempt from Dutch dividend withholding tax.

Shareholders are requested to make their acceptance known through their custodian, bank, or stockbroker, who will communicate the preferred election to the Company’s Paying Agent, ING Bank N.V.. If no choice is made during the election period, the dividend will be paid by way of a scrip dividend.

The stock fraction for the shares dividend will be based on the volume-weighted average price (VWAP) of the Company’s shares on Euronext Amsterdam of the last three trading days of the election period, ending on 15 May 2024. Rights to fractions of shares shall be paid in cash. The Company will announce the conversion ratio for the final dividend on 16 May 2024 and the dividend will be paid out on 20 May 2024