The publication of the annual report for the 2021/22 financial year will take place on Monday, June 20, 2022.
The publication of the annual report for the 2021/22 financial year will take place on Monday, June 20, 2022 following market close. In addition, the Board of Directors plans to increase the capital of the Swiss compartment, in September 2022, by an estimated amount of 420 million francs representing a subscription ratio of 1 new share for 4 old shares.
Year end dates
The 2021/22 financial year of Edmond de Rothschild Real Estate SICAV – Swiss (“ERRES”) ended on March 31, 2022. The closing schedule is as follows:
- Publication of results: June 20, 2022 (following market close)
- Ordinary General Meeting: July 19, 2022
- Ex dividend date: July 25, 2022
- Dividend payment date: July 27, 2022
Increase in capital
The Board of Directors plans to increase the capital of ERRES, in September 2022, by an estimated amount of 420 million francs – representing a subscription ratio of one new share for four old shares – in order to finance new secure acquisitions, to continue the development and renovation projects in progress and to maintain the debt ratio within the strategic limit. Detailed information on the capital increase will be sent to you at the end of July.