The option of reinvesting 50 % of the dividend in shares was available from May 12 to June 3, 2016. This led to the issue of 2,862,997 new shares of Edenred common stock, representing 1.24% of the share capital, which will be settled and begin trading on the Euronext Paris stock market on June 15, 2016.
The new shares carry dividend rights from January 1, 2016 and rank pari passu with existing shares of Edenred common stock. Following the issue, the Company’s share capital comprises 233,679,845 shares.
The total cash dividend, in an amount of €149 million, will be paid on June 15, 2016.
Disclaimer: This press release is for information only, and does not constitute an offer to buy securities or any solicitation to such effect.