LIGHTHOUSE PROPERTIES PLC - Potential amendment of Spanish SOCIMI legislation

Potential amendment of Spanish SOCIMI legislation

LIGHTHOUSE PROPERTIES p.l.c.
(Registered in Malta)
(Registration number: C 100848)
Share code: LTE
ISIN: MU0461N00015
LEI: 549300UG27SWRF0X2U62
("Lighthouse" or the "Company")


POTENTIAL AMENDMENT OF SPANISH SOCIMI LEGISLATION


Shareholders are advised that the PSOE and Sumar political parties in Spain have reportedly reached an
agreement to potentially amend or eliminate the tax benefits of SOCIMIs in the country. The details of the
potential changes are unknown, and the proposed changes would require Spanish congressional approval of
which PSOE and Sumar collectively have 147 out of 350 seats.

Currently SOCIMIs pay 0% corporate tax, but are required to pay a 19% special levy on dividends, whilst the
corporate tax rate in Spain is 25%.

Spain represents 42% of Lighthouse's assets and the outcome of the potential amendment, should it be
implemented, is not anticipated to have a material impact on distributable earnings.

13 November 2024


JSE sponsor and corporate advisor                            Company Secretary
Java Capital                                                 Stonehage Fleming Malta Limited

Tel: +27 (0)78 456 9999                                      Tel: +356 2144 6377
Date: 13-11-2024 09:25:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.