Castellana Properties Holds Shareholder Meeting Approving EUR 144 Million Capital Increase
XLRE•Capital increase approved
Shareholders approved a share capital increase via debt-for-equity swap of EUR 18.85 million nominal, for a total effective amount of EUR 144 million.
Profit allocation and dividend already paid
The meeting backed the profit allocation of EUR 30.33 million, split between EUR 3.03 million to legal reserve and EUR 27.3 million to dividends.
It noted the EUR 27.3 million dividend had already been paid via interim dividends, so the resolution does not imply an additional payout.
Shareholders approve accounts and management for FY ended March 31, 2026
Castellana Properties held its ordinary and extraordinary shareholders’ meeting today, signing off on the FY ended March 31, 2026, standalone accounts.
Shareholders also adopted the FY ended March 31, 2026, consolidated accounts, endorsing the board’s management for the period.
