Media release
Zug, 24 April 2024
Varia US Properties: Results of today’s Annual General Meeting 2024
The Annual General Meeting (AGM) 2024 of Varia US Properties AG took place today in Lausanne. A total of 5.836.819 voting shares corresponding to 57.64% of the entire share capital were represented by their owners in person, an individual proxy or by the independent proxy. All items and motions on the agenda for the AGM have been approved by shareholders.
Among others, shareholders approved the continuation of the quarterly dividend program. The authorized next four installments of respectively CHF 0.50 per share will be distributed on 7 August 2024, 7 November 2024, 7 February 2025, and 7 May 2025.
Manuel Leuthold, Chairman of the Board of Directors of Varia US Properties, said: “On behalf of the Board of Directors, I would like to thank all our shareholders for their ongoing trust and support”.
Patrick Richard, Executive Member of the Board of Directors of Varia US Properties, added: “With respect to the current business year, we confirm our full year guidance and we will provide our Q1 2024 update on 28 May as announced”.
Key dates
Q1 2024 Update 28 May 2024
ESG Report 2023 End of June 2024
Half-year results 2024 28 August 2024
Contact information
Juerg Staehelin, IRF Reputation
Phone: +41 43 244 81 51, E-mail:
investors@variausproperties.com
About Varia US Properties AG
Varia US Properties AG is a Swiss based real estate company exclusively investing in U.S. multifamily housing with a main focus on secondary and tertiary markets. Established in 2015, the Company acquires, holds, transitions and repositions properties in the boundaries of metropolitan regions of the U.S. in order to secure rental income and value growth. More information: www.variausproperties.com
Disclaimer
This communication expressly or implicitly contains certain forward-looking statements concerning Varia US Properties AG and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of Varia US Properties AG to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Varia US Properties AG is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.