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Press release

Finance 14 March 2016

Dividend recommended at the annual shareholders meeting on May 4, 2016

Timeline and process

Financial information

Edenred’s Board of Directors decided on February 10, 2016 to recommend to the Annual Shareholders Meeting of May 4 setting the 2015 dividend at €0.84 per share. Subject to this recommendation being approved at the Meeting, Edenred shareholders will receive:

  • 50% of the dividend in cash, i.e. €0.42 per share, and
  • 50% of the dividend in cash or new Edenred common shares, at the shareholder’s option. The new shares will be issued at a price corresponding to 90% of the average of the opening prices1 quoted for Edenred shares over the twenty trading days preceding the Annual Shareholders Meeting, i.e. between April 6 and May 3, 2016, less the net dividend, rounded up to the nearest euro cent.

 

Dividend payment timeline

  • Record date:
    • May 11, 2016 for the payment of the dividend subject to option
    • May 13, 2016 for the payment of the cash dividend
  • Ex-dividend date: May 12, 2016
  • Period for exercising the dividend reinvestment option: from May 12 to the close of business on June 3, 2016. Shareholders that do not exercise their reinvestment option by June 3, 2016 will receive their total dividend in cash.
  • Dividend payment date: June 15, 2016 for both payment methods

Certain legal restrictions may apply to the reinvestment option for non-resident shareholders. Nonresidents of France should enquire about the laws and rules applicable in their country of residence.

Disclaimer: This option does not constitute an offer or a solicitation to subscribe to or purchase securities in the United States within the meaning of the U.S. Securities Act of 1933, or in any other country where such transaction would be contrary to the applicable laws and regulations. The dividend reinvestment option is not available in certain countries, such as those where such an option would require registration with, or authorization from, the local securities regulator. Shareholders residing outside France should inquire about and comply with any local restrictions.

 

 

About

Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 60 million users and more than 2 million partner merchants in 45 countries via close to 1 million corporate clients.

Edenred offers specific-purpose payment solutions for food (such as meal benefits), engagement (such as gift cards and engagement platforms), mobility (such as multi-energy solutions, including EV charging, maintenance, toll and parking) and corporate payments (such as virtual cards). 

True to the Group’s purpose, “Enrich connections. For good.”, these solutions enhance users’ well-being and purchasing power. They improve companies’ attractiveness and efficiency,and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and sustainable mobility.

Edenred’s 12,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day.

In 2023, thanks to its global technology assets, the Group managed €41 billion in business volume, primarily carried out via mobile applications, online platforms and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40, CAC 40 ESG, CAC Large 60, Euronext 100, Euronext Tech Leaders, FTSE4Good and MSCI Europe.

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Press contacts

Matthieu SANTALUCIA

Media relations

By phone: +33 (0)6 83 54 12 10