The Bassac real estate group (formerly known as Les Nouveaux Constructeurs) has announced a change to its proposed dividend to be submitted to the next Annual General Meeting of Shareholders, scheduled for May 12.

It will propose the distribution of a dividend of 2.50 euros per share, instead of 1.50 euros per share as announced on March 9, with an option for payment of a fraction of the dividend in shares.

As part of this dividend, 1.50 euro per share will be distributed in cash, and one euro per share may, at the shareholder's option, be paid either in new shares in the company or in cash.

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