NSI N.V. (Euronext: NSI / NL0012365084) - We are pleased to present our H1 2020 report. The key highlights are:

– Strong operational performance in H1 despite coronavirus impact
– Rent collection for Q2 2020 at 96.0%; Q3 2020 already at 90.4% per 10 July
– H1 EPRA EPS of € 1.14 per share, with net rents up 4.0% on a like-for-like basis
– EPRA NAV € 44.79, reflecting a 4.1% negative asset revaluation
– Vacancy rate of 7.8%; LTV of 29.2%– Re-instating EPRA EPS guidance for FY 2020 at € 2.30 - € 2.40
– Interim dividend confirmed at € 1.04

see & read kore on
https://nsi.nl/news/results--half-year-2020/

Announcement of scrip issue price for interim dividend 2020.
In the Half Year Report 2020 management announced its intention to pay an interim dividend of € 1.04 per share. Management proposes shareholders to have the option of taking the interim dividend in either cash or shares, or a combination of the two.

A maximum of 200,000 shares are available for stock dividend. If shareholders in aggregate opt for a number of shares which exceeds this maximum, those who have opted for distribution in the form of shares will be allocated on a pro rata basis, with the remainder being distributed in cash subject to deduction of 15% Dutch dividend withholding tax.

Shareholders electing for a dividend in shares, which will be paid out of the share premium reserve and therefore not subject to dividend withholding tax, will receive 1 (one) new ordinary share for every 36 (thirty six) ordinary shares held. This equates to a price of € 37.44 per ordinary share on an ex dividend basis. The new ordinary shares created as a result will rank pari passu with existing ordinary shares for the financial year 2020.

The ex-dividend date is 15 July 2020. The record date is 16 July 2020. The election period will start 17 July 2020 and close 31 July 2020 at 3pm (CET). If by then no notification is received the dividend will be paid in cash. The cash dividend will be paid on 4 August 2020. Shareholders opting for shares will receive their shares also on 4 August 2020.

The Management Board of NSI N.V.