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Kinexia SpA proposes FY 2013 dividend; approves merger by incorporation of Sostenya into Kinexia; issues FY 2018 guidance


Thursday, 3 Apr 2014 03:48pm EDT 

Kinexia SpA:Proposes for FY 2013 a dividend of 0.01 euros per share, for a total of 293,113.77 euros.Payment on June 5, ex-dividend on June 2 and record date on June 4.Says the Board approved the merger by incorporation of Sostenya into Kinexia.Says the exchange ratio for the merger has been set at 4.971 Kinexia ordinary shares every Sostenya ordinary share.Says the Board also approved the company's Industrial Plan for the FY 2014-2018 period.Expects for FY 2018 revenues at 264 mln euros and EBITDA at 79 mln euros with a 30 pct EBITDA margin. 

Company Quote

0.9815
-0.0145 -1.46%
3 Jul 2015