Key Developments: Ebro Foods SA (EBRO.MC)
15.56EUR
21 May 2013
€0.11 (+0.71%)
€15.45
€15.49
€15.56
€15.43
253,596
291,803
€15.85
€12.07
Latest Key Developments (Source: Significant Developments)
Ebro Foods SA To Propose FY 2012 Extraordinary Dividend Payment
Ebro Foods SA announced that it will submit to the shareholders for approval an extraordinary dividend payment for fiscal year 2012 in the amount of EUR 18,464, at a value of EUR 0.12 per share, effective on December 10, 2013. The General Ordinary Shareholders’ Meeting will be held on June 3, 2013 and June 4, 2013. Full Article
Ebro Foods SA To Acquirer Production Plant in India from Olam International Ltd-Reuters
Reuters reported that Ebro Foods SA announced that it has reached an agreement with Olam International Ltd to acquire a production plant of rice in Haryana (India) for an amount of USD 14.5 million. The transaction is planned to be completed in late March 2013. The plant has capacity to process 18 metric tons of paddy rice per hour, more than 100,000 tons of rice per year. Full Article
Ebro Foods SA Reaches Agreement To Acquire 25% Stake In Riso Scotti SpA
Ebro Foods SA announced that on February 15, 2013 it reached an agreement to acquire a 25% stake in Riso Scotti SpA. The price of the operation ascended to EUR 18 million. The transaction is expected to be completed before May 31, 2013. Full Article
Ebro Foods SA To Propose FY 2012 Dividend Payment
Ebro Foods SA announced that its Board of Directors will propose to its shareholders the distribution of a dividend payment for the fiscal year 2012 at a total value of EUR 0.48 per share, which will be paid in three installments of EUR 0.16 per share, effective on January 10, 2013; May 10, 2013, and September 10, 2013. Full Article
Ebro Foods SA Announces Allocation Of Shares; To Pay Cash and Extraordinary Dividend
Ebro Foods SA announced that it will pay out an extraordinary dividend in the amount of EUR 28.4 million, EUR 6.7 million of which will be in cash and the rest in shares of the Company. The Company on December 11, 2012 will distribute its shares, at a ratio of one share for every 99 shares held by the Company’s shareholder on December 3, 2012 in the amount of EUR 21.7 million, at a value of EUR 14.2 per share and a bonus of 0.67% over the shares’ current price. Additionally, the Company will distribute a cash dividend in the amount of EUR 6.7 million, at a rate of EUR 0.043804373 per share. Full Article
Casa Grande de Cartagena SL Plans To Sell 3.375% Stake Of Ebro Foods SA
Ebro Foods SA announced that its shareholder Casa Grande de Cartagena SL is planning to sell, through UBS Limited a 3.375% stake of the Company, representing 5,193,290 shares. Other details were not disclosed. Full Article
Ebro Foods SA Sells Its Nomen Brand to Arrossaires del Delta de L’ebre SCCL and La Cazuela, La Parrilla, Nobleza and Pavo Real Brands to Maicerias Espanolas
Ebro Foods SA announced that after it had received the approval of National Competition Commission, it has completed the sale of Nomen Brand to Arrossaires del Delta de L’ebre SCCL and La Cazuela, La Parrilla, Nobleza and Pavo Real Brands to Maicerias Espanolas. Full Article
Ebro Foods SA Announces Further Details On the Sale Of Its Nomen Business Unit To Arrossaires Del Delta De L'ebre SCCL
Ebro Foods SA (Ebro) announced that, in relation to its announcement on the sale of its Nomen business to Arrossaires Del Delta De L'ebre SCCL (Arrossaires), the National Antitrust Committee has approved the sale of Nomen brand to Arrossaires. The contract of sale will be signed in September. Full Article
Ebro Foods SA To Sell Its Nomen Business Unit to Arrossaires del Delta de L’ebre SCCL; Acquires Warehouse in Tarragona
Ebro Foods SA (Ebro) announced that it has reached an agreement to sell its Nomen business unit to Arrossaires del Delta de L’ebre SCCL (Arrossaires) at a total value of EUR 30.1 million. Ebro, as an initial payment of the transaction, will receive from Arrossaires a warehouse located in La Aldea (Tarragona), which is valued at EUR 1.5 million, as well as 13 annual payments worth EUR 2.9 million. Other details were not disclosed. Full Article
Ebro Foods SA To Delist From Ibex-35-Reuters
Reuters reported that Ebro Foods SA has announced that as of May 2, 2012, it will delist its shares from Ibex-35 index, which will terminate the anomalous presence of 36 values within the selection of the 35 largest companies listed in the Spanish Stock Exchanges. Other details were not disclosed. Full Article
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