June 1, 2017 / 4:21 PM / 2 months ago

BRIEF-Altarea successful 2016 dividend payment in shares

1 Min Read

June 1 (Reuters) - ALTAREA SCA:

* Successful 2016 Dividend Payment in Shares

* 91.69% Subscription Rate

* ALTAREA COGEDIM STRENGTHENS ITS EQUITY BASE BY €157.2 MILLION

* Creation of 1,021,555 New Shares

* THESE SHARES WILL BE EFFECTIVE AS OF JANUARY 1ST, 2017 AND WILL BENEFIT FROM THE SAME RIGHTS AS THE OUTSTANDING COMMON SHARES

* 1,021,555 NEW SHARES WILL BE CREATED, DELIVERED AND ADMITTED FOR TRADING ON JUNE 6, 2017

* AMOUNT OF CASH DIVIDEND PAYMENTS WILL BE LIMITED TO €14.2 MILLION (€11.5 / SHARE) AND PAID TO SHAREHOLDERS THE SAME DAY Source text: bit.ly/2rp2uLL Further company coverage: (Gdynia Newsroom)

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