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Ansaldo STS SpA to Propose FY 2012 Dividend Distribution; Issues FY 2013 Revenues Guidance In-Line With Analysts' Estimates; Dr. Alessandro Pansa to Resign as Chairman of The Board of Directors


Tuesday, 5 Mar 2013 11:40am EST 

Ansaldo STS SpA announced that the Board of Directors has decided to propose to the shareholders’ meeting a dividend for fiscal year 2012 of EUR 0.18 for each share with dividend rights, gross withholding tax, compared with EUR 0.175 per share of the fiscal year 2011 (amount restated after the third tranche of the capital increase of July 9, 2012, which increased the number of shares from 140 to 160 million). The dividend will be payable as from May 23, 2013, with an ex-dividend date May 20, 2013 (coupon no. 9). Ansaldo STS SpA also announced that it has issued the Company's fiscal year 2013 revenues guidance. The Company expects to report for fiscal year 2013 revenues in between EUR 1,250 and EUR 1,350 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report for fiscal year 2013 revenues of EUR 1,322.77 million. Ansaldo STS SpA also announced that during the Board of Directors meeting, Dr. Alessandro Pansa has communicated the decision to resign from Chairman and member of the Board of Directors of Ansaldo STS SpA, with effect from the end of the Shareholders meeting called to approve the financial statements at December 31, 2012. These resignations were made on the basis of the position of Chief Executive Officer of Finmeccanica SpA taken by Dr. Pansa with effect from February 13, 2013, which was added to the position of General Manager held within the same parent company.