Dassault Aviation: Option for the payment of the dividend for fiscal year 2016 in shares
(Thomson Reuters ONE) -
DASSAULT AVIATION
OPTION FOR THE PAYMENT OF THE DIVIDEND
FOR FISCAL YEAR 2016 IN SHARES
This document constitutes the informational document required pursuant to
articles 212-4 4° and 212-5 5° of the general regulations of the French Market
Authority and to article 18 and Appendix III of the instruction no.2016-04 of
October 21, 2016 of the French Market Authority.
The combined ordinary and extraordinary General Meeting of May 18, 2017 has
decided to distribute a dividend of EUR 12.1 per share for the fiscal year ended
December 31, 2016.
In order to allow the shareholders to choose between a reinforcement of their
stake in the share capital and voting rights of the company and an immediate
payment of their existing stake by the payment of such dividend in cash, this
General Meeting has also decided to offer the shareholders the option to receive
the dividend either in cash or in new ordinary shares.
Each shareholder may opt, in part or in full, for payment of the dividend they
are entitled to in shares. If the option is not exercised, the dividend will be
paid exclusively in cash.
The new shares will be issued without a discount at a unit price of EUR
1,255.20. This unit price is equal to the average of the last prices listed on
the Euronext Paris regulated market during the twenty trading sessions preceding
the day of the General Meeting, less the amount of the dividend and rounded up
to the nearest eurocent.
Shareholders may opt for payment of the dividend in new shares between May
29, 2017 and June 9, 2017 inclusive, by sending their request to the financial
intermediaries authorized to pay the aforesaid dividend or, for shareholders
recorded in pure registered accounts held by the Company, to its proxy agent,
BNP Paribas Securities Services. If the option is not exercised by June 9, 2017
at the latest, the dividend will be paid exclusively in cash.
For shareholders who have not opted for payment of the dividend in shares, the
dividend will be paid in cash as of June 21, 2017. For shareholders who have
opted for payment of the dividend in shares, the delivery of the shares will
take place as of the same date.
If the amount of the dividend for which the option is exercised does not
correspond to a whole number of shares, the shareholder may receive the number
of shares rounded up to the next number by paying the difference in cash, on the
day of exercising their option, or receive the number of shares rounded down to
the next number with a balancing payment in cash.
The shares thus issued shall entitle their bearers to dividends as of January
1, 2017. They shall be asked for listing on Euronext Paris. These shares shall
bear the same rights and obligations than already issued ordinary shares and
shall be entirely assimilated to already listed shares.
The maximum amount of new shares that might be issued for the payment of the
dividend in shares is 79,164 shares (except in case of option rounded up to the
next unit), representing 0.96% gross of the share capital and 0.59% of the
voting rights of the Company, based on the share capital and the voting rights
as of April 30, 2017./.
Document option for the payment of the 2016 dividend in shares:
http://hugin.info/143388/R/2108220/800698.pdf
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: Dassault Aviation via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 29.05.2017 - 15:00 Uhr
Sprache: Deutsch
News-ID 544964
Anzahl Zeichen: 4244
contact information:
Town:
Saint-Cloud Cedex 300
Kategorie:
Business News
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