The option of reinvesting the dividend in shares was available from May 15 to May 29, 2020. At the end of the option period, almost 65% of rights were exercised in favor of the dividend payment in shares. This led to the issuance of 3,378,494 new shares of Edenred common stock, representing 1.39% of the share capital, which will be settled and begin trading on the Euronext Paris stock market on June 5, 2020.
The new shares carry dividend rights from January 1, 2020 and rank pari passu with existing shares of Edenred common stock. Following the issue, the Company’s share capital comprises 246,583,351 shares.
The total cash dividend, in an amount of €60 million, will be paid on June 5, 2020.
This press release is for information only, and does not constitute an offer to buy securities or any solicitation to such effect.