VALLOUREC : Dividend payment in shares and cash
(Thomson Reuters ONE) -
Press release
June 2015
www.vallourec.com
Dividend payment in shares and cash
Boulogne-Billancourt, 25 June 2015 - In accordance with the resolution approved
by the Shareholders' Meeting on 28 May 2015, shareholders were invited to choose
to receive the dividend payment in cash or in new shares. The dividend in
respect of the financial year 2014 was set at ?0.81 per share.
The subscription rate for the dividend payment in shares amounted to 59.78%.
This operation resulted in the creation of 3,090,460 new shares (i.e. 2.37% of
the share capital) issued at a price of ?19.40 per share delivered and listed on
Euronext Paris today.
The new shares are issued with all rights attached as of 1 January 2015 and are
completely assimilated with existing shares. Following this operation, the share
capital of the company is comprised of 133,688,435 shares.
The payment of the dividend in cash, for an amount of ?41,876,897.13 also took
place today.
About Vallourec
Vallourec is a world leader in premium tubular solutions primarily serving the
energy markets, as well as other industrial applications.
With over 23,000 employees, integrated manufacturing facilities, advanced R&D
and a presence in more than 20 countries, Vallourec offers its customers
innovative global solutions to meet the energy challenges of the 21(st) century.
Listed on Euronext in Paris (ISIN code: FR0000120354, Ticker VK) and eligible
for the Deferred Settlement System (SRD), Vallourec is included in the following
indices: MSCI World Index, Euronext 100 and SBF 120.
In the United States, Vallourec has established a sponsored Level 1 American
Depositary Receipt (ADR) program (ISIN code: US92023R2094, Ticker: VLOWY).
Parity between ADR and a Vallourec ordinary share has been set at 5:1.
www.vallourec.com
Suivez-nous sur Twitter (at)Vallourec
For further information, please contact:
Investor relations Press relations
Etienne Bertrand Héloïse Rothenbühler
Tel: +33 (0)1 49 09 35 58 Tel: +33 (0)1 41 03 77 50
etienne.bertrand(at)vallourec.com heloise.rothenbuhler(at)vallourec.com
Investor relations Individual shareholders
Alexandra Fichelson Florent Chaix
Tel: +33 (0)1 49 09 39 76 Tel: +33 (0)1 41 03 76 53
alexandra.fichelson(at)vallourec.com florent.chaix(at)vallourec.com
Vallourec 25062015 Press release PDF:
http://hugin.info/143606/R/1931511/694591.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: VALLOUREC via GlobeNewswire
[HUG#1931511]
Unternehmensinformation / Kurzprofil:
Datum: 25.06.2015 - 17:46 Uhr
Sprache: Deutsch
News-ID 403122
Anzahl Zeichen: 3674
contact information:
Town:
BOULOGNE BILLANCOURT CEDEX
Kategorie:
Business News
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