Globalworth approves 7 cent interim dividend with scrip option

On Tuesday, Globalworth Real Estate Investments Limited announced its interim dividend payment plans for the period ending June 30, 2026. Shareholders can choose between a cash dividend of 7 cents per share or a scrip dividend, receiving additional ordinary shares in lieu of cash. The scrip shares will be priced at a 20% discount to the average middle market quotations over a five-day period ending on the ex-dividend date of September 3.

This scrip option is offered due to dividend restrictions limiting cash payouts to €10.0 million per year, with the company projected to pay up to €9.7 million in cash dividends. Of the company's 92.6% share capital, three major shareholders—Zakiono Enterprises Ltd, CPI Property Group S.A., and Growthpoint Properties Ltd—have agreed to receive scrip dividends, representing 53.9% of issued shares.

The cash portion of the scrip dividend for these shareholders will amount to approximately €8.2 million. The final date to choose the scrip option is September 18, with both cash and scrip dividends expected to be paid or credited on October 9, with a record date of September 4. Globalworth, a real estate firm operating in Central and Eastern Europe, has a portfolio valued at €2.6 billion. The company is listed on the AIM segment of the London Stock Exchange.