Altarea announces that, following the exercise of the option to pay its 2023 dividend in shares (at an issue price of 84.47 euros), the total subscription amounted to almost 91.3 million euros.

As previously announced, AltaGroupe and its affiliates, controlled by the family group of Alain Taravella, Altarea's founder and Chairman, as well as Crédit Agricole Assurances subscribed to the extent of their rights.

A total of 1,080,657 shares were subscribed. The dividend will be paid to shareholders on July 5, in cash and by delivery of the new shares to be created and admitted to trading on Euronext Paris on that date.

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