Bourbon to pay dividendCompany News // July 13, 2016
The Annual General Meeting of Bourbon's shareholders held on 26 May 2016 has approved the payment of a dividend for 2015 of €1.00 per share. Each shareholder was able to choose to receive the dividend either in cash or in new shares.
The period for exercising the option ran from 15 June 2016 to 7 July 2016, inclusive. At the end of the option period, shareholders who elected to receive the payment of the dividend in shares represented 64.4 per cent of the company's shares.
4,736,272 new shares will be issued, representing 6.6 per cent of the share capital and 4.5 per cent of the voting rights of the company based on the total number of shares and voting rights as of 31 May 2016.
Settlement and delivery of the new shares and their admission to trading on the Euronext Paris will occur on 18 July 2016. For shareholders who did not opt for a dividend payment in shares, the dividend will be paid in cash on 18 July 2016.