Associate undertaking dividend policy (English and Hebrew)
(WorldNews Netherlands)

BRACK CAPITAL PROPERTIES N.V (the Company) May 21, 2017 Israel Securities Authority www.isa.gov.il Tel Aviv Stock Exchange Ltd. www.tase.co.il Re: immediate report The Company hereby announces that on May 18, 2017 the Company`s Board of Directors approved a dividend policy deriving from the annual FFO of the Company according to which: each year from 2018 and in respect of 2017 and thereafter, the Company will distribute to its shareholders a dividend and/or distribute to its shareholders capital (collectively: "the Distribution") of 30% of the total FFO1 (from the income producing activity only, excluding profit from the Company`s development activity) according to the audited...