Hogan Lovells advises Deutsche Bank Aktiengesellschaft on a second scrip dividend of LEG Immobilien SE
Led by Frankfurt-based partner Michael Schlitt, international law firm Hogan Lovells has advised Deutsche Bank Aktiengesellschaft on the payment of its second scrip dividend and the related rights issue by LEG Immobilien SE.
The shareholders' meeting of LEG Immobilien SE resolved a dividend payment of EUR 3.78 per share on 27 May 2021. The shareholders were given the choice of receiving the dividend in cash or in the form of shares of LEG Immobilien AG. To create the 743,682 new shares, LEG Immobilien SE increased its share capital by making use of authorized capital. The volume of the dividend entitlements converted into shares corresponds to EUR 86,863,544.96.
Hogan Lovells advised Deutsche Bank Aktiengesellschaft in its role as settlement agent on all issues concerning the structuring and execution of the transaction.
Hogan Lovells team for Deutsche Bank Aktiengesellschaft
Prof. Dr. Michael Schlitt (Partner, Lead Partner), Mark Devlin (Counsel), Dr. Susanne Ries (Of Counsel), Dr. Timo Lockemann, Christian Schröder (Associates), Eva-Christina Sommer, Simona Gradišek (Business Lawyers) (all Corporate and Capital Markets, Frankfurt).
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