Key Developments: Esprit Holdings Ltd (0330.HK)
Latest Key Developments (Source: Significant Developments)
Esprit Holdings Ltd announced that the Board has recommended the distribution of a final dividend of HKD0.15 per share (FY10/11: nil) for the year ended June 30, 2012. In order to maintain a strong balance sheet for future growth, the Board has recommended to provide the shareholders of the Company (the Shareholders) with an option to receive the final dividend in form of new fully paid shares in lieu of cash. Subject to the approval of the Shareholders at the forthcoming annual general meeting of the Company (the Annual General Meeting), the final dividend will be payable to the Shareholders whose names appear on the Registers of Members of the Company at close of business on December 14, 2012. Dividend warrants and share certificates for new shares to be issued under the scrip dividend reinvestment scheme will be despatched to the Shareholders by ordinary mail at their risk on or around January 22, 2013. Full Article
Esprit Holdings Limited announced that an agreement has been made with Mr. Jose Manuel Martínez Gutiérrez that he will be appointed as Executive Director of the Company and group Chief Executive Officer, effective on or before the end of September 2012. Full Article
* Revenue up 3.4 pct y-o-y to 405.1 million euro; up 4.5 pct y-o-y adjusted for Esprit and excluding 'other revenue'