EDF : Results of the option to receive the 2017 interim dividend in shares
December 07 2017 - 4:17PM
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Press Release
7 December 2017 |
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Results of the
option to receive the 2017 interim dividend in shares
On 7 November 2017, the Board of
Directors of EDF declared a 2017 interim dividend of €0.15 per
share and offered, under the conditions set by the fourth
resolution at the Mixed General Meeting of 18 May 2017, the option
for shareholders to receive the 2017 interim dividend in new shares
of the Company.
The period for exercising the
option ran from 16 November 2017 to 30 November 2017 inclusive. At
the end of the option period, 92.20% of rights were exercised in
favor of receiving the payment for the 2017 interim dividend in
shares.
40,084,530 new shares will be
issued, representing 1.4% 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 2017 interim dividend was set
at €9.94 on 7 November 2017.
The settlement and delivery of the
new shares as well as their admission to trading on the Euronext
Paris will occur on 11 December 2017. 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 2017
interim dividend in shares amounts to c. €33.75 million and the
payment in cash will take place as of 11 December 2017. The amount
of the cash adjustment to be paid to shareholders who opted for the
interim dividend payment in shares stands at around €445,953.
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 37.1 million customers, of
which 26.2 million in France. The Group generated consolidated
sales of €71 billion in 2016. EDF is listed on the Paris Stock
Exchange.
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EDF SA
22-30, avenue de Wagram
75382 Paris cedex 08
EDF SA share capital €1,443,677,137
552 081 317 R.C.S. Paris
www.edf.fr |
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CONTACTS
Press office: +33 1 40 42 46 37
Analysts and investors: +33 1 40 42 40 38
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Results 2017 interim
dividend
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