EDF: Results of the option to receive the 2016 interim dividend in shares
October 27 2016 - 10:45AM
On 30 September 2016, the Board of
Directors of EDF declared a 2016 interim dividend of €0.50 per
share and offered, under the conditions set by the fourth
resolution at the Combined Shareholders' Meeting of 12 May 2016,
the option for shareholders to receive the 2016 interim dividend in
new shares of the Company.
The period for exercising the
option ran from 5 October 2016 to 21 October 2016 inclusive. At the
end of the option period, 91.79% of rights were exercised in favor
of receiving the payment for the 2016 interim dividend in
shares.
95,885,292 new shares will be
issued, representing 4.76% of the Company's share capital on the
basis of the current share capital. The share price for the new
shares to be issued as payment of the 2016 interim dividend was set
at €9.62 on 30 September 2016.
The settlement and delivery of the
new shares as well as their admission to trading on the Euronext
Paris will occur on 31 October 2016. The shares will carry
immediate dividend rights and will be fully assimilated with
existing shares already listed.
The total remaining cash dividend
to be paid to shareholders who did not elect to receive the 2016
interim dividend in shares amounts to c. €82.55 million and the
payment in cash will take place as of 31 October 2016. The amount
of the cash adjustment to be paid to shareholders who opted for the
interim dividend payment in shares stands at around €0.59
million.
A key player in energy transition,
the EDF Group is an integrated electricity company, active in all
areas of the business: generation, transmission, distribution,
energy supply and trading, energy services. A global leader in
low-carbon energies, the Group has developed a diversified
generation mix based on nuclear power, hydropower, new renewable
energies and thermal energy. The Group is involved in supplying
energy and services to approximately 37.6 million customers, of
which 27.8 million in France. The Group generated consolidated
sales of €75 billion in 2015, of which 47.2% outside of France. EDF
is listed on the Paris Stock Exchange.
Please, only
print this document if absolutely necessary.
EDF SA
22-30, avenue de Wagram
75382 Paris cedex 08
EDF SA share capital €1 006 625 695,50 euros
552 081 317 R.C.S. Paris
www.edf.com |
|
CONTACTS
Press office: +33 1 40 42 46 37
Analysts and investors: +33 1 40 42 40 38
|
Results of the option to receive
the 2016 interim dividend in shares
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: EDF via Globenewswire