Hogan Lovells Cadwalader with Commerzbank on LEG Immobilien’s scrip dividend
Hogan Lovells Cadwalader advised Commerzbank on the preparation and distribution of a scrip dividend and the related rights offering carried out by LEG Immobilien.
At its annual general meeting on 27 May 2026, LEG Immobilien resolved to pay a dividend of EUR 2.92 per share. Shareholders were given the option of receiving the dividend either in cash or in the form of newly issued shares in LEG Immobilien. To create the new shares, LEG Immobilien carried out a capital increase from authorised capital by way of a rights issue.
The Hogan Lovells Cadwalader team
The Frankfurt-based Hogan Lovells Cadwalader team working on the matter was led by partner Michael Schlitt and of counsel Susanne Ries, supported by counsel Mark Devlin (all corporate and capital markets).
