EDF : Success of the dividend distribution in shares
The option for the payment of the dividend in shares was widely chosen by EDF's shareholders: 92.30% of the rights were exercised in favor of a payment in shares.
This transaction will result in the issuance of 11, 141,806 new shares (representing approximately 0.60% of the share capital and of the voting rights, taking into account the issuance), to be delivered and admitted for trading on Euronext Paris starting on July 8, 2013.
EDF's General Shareholders' Meeting of May 30, 2013 has offered each shareholders the possibility to opt for a payment in new shares for a portion of €0.10 per share on the 2012 remaining dividend of 0.68€ per share to be paid.
The issue price of the new shares is 15.29€ per share, equal to 90% of the average of the opening prices of the EDF shares listed on the Euronext Paris regulated market over the 20 trading days prior to May 30, 2013, date of the Shareholders' Meeting, less the amount of the 2012 remaining dividend to be paid, rounded up to the next highest euro cent.
The new shares will be issued with immediate dividend rights and will confer the same rights ("jouissance courante")and restrictions as existing common shares, as described in the Company's Articles of Association and the 2012 reference document Report available on the Company's website (www.finance.edf.com).
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: EDF via Thomson Reuters ONE
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