Cibus Nordic Real Estate AB (publ) intends to transition to monthly dividends

The board of directors' intention is that the dividends payments for the twelve months following the annual general meeting shall amount to EUR 0.89 per share. Furthermore, the board of director's intention is that during the following twelve months the company shall transition to monthly dividends payments. All practicalities regarding the transition are not in place at this time and the board of directors will only propose a distribution of dividends for the first quarterly dividend payment in June of EUR 0.22, with a record date on 18 June 2020, with an expected payment date on 29 June 2020, at the annual general meeting.

The board of directors' intention is to, at a later date, announce a notice to attend an extraordinary general meeting to be held prior to the end of September 2020 and in connection with the general meeting, the board of directors will propose that the general meeting resolve upon distribution of dividends in the amount of EUR 0.67 per share (including record dates) so that the total distribution of dividends for the twelve-month period amounts to EUR 0.89 per share. The board of directors' proposal will be predicated on that the remaining dividends payments will transition to monthly payments.

The board of directors will continue to uphold the company's dividends policy, which states a pursuit for an annual increase in dividends of 5 per cent also for the coming years.