On a corporate action affecting ordinary shares of SITE Centers Corp. (SITC)
On September 11, 2024, SITE Centers Corp. announced that its Board of Directors has set dates for the spin-off of its portfolio of convenience retail properties into a separate publicly traded company Curbline Properties Corp. SITE Centers Corp. shareholders will receive two shares of common stock of Curbline Properties Corp per each share of SITE Centers Corp. that they own. Spin-off is expected to be completed on October 1, 2024. For more details, please, refer to the company’s website.
ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.