Notice of Dividend Amount • Jun 7, 2021
Notice of Dividend Amount
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At the Annual Meeting on May 11, 2021, Edenred shareholders approved the payment of a 2020 dividend of €0.75 per share, with the option of reinvesting 100% of the dividend in new shares.
The option of reinvesting the dividend in shares was available from May 18 to June 2, 2021. At the end of the option period, 67% of rights were exercised in favor of the dividend payment in shares. This led to the issuance of 3,004,708 new shares of Edenred common stock, representing 1.22% of the share capital, which will be settled and begin trading on the Euronext Paris stock market on June 9, 2021.
The new shares carry dividend rights from January 1, 2021 and rank pari passu with existing shares of Edenred common stock. Following the issue, the Company's share capital comprises 249,588,059 shares.
The total cash dividend, in an amount of €61 million, will be paid on June 9, 2021.
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This press release is for information only, and does not constitute an offer to buy securities or any solicitation to such effect.
Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting over 50 million users and 2 million partner merchants in 46 countries via more than 850,000 corporate clients.
Edenred offers specific-purpose payment solutions for food (such as meal benefits), mobility (such as multienergy, maintenance, toll, parking and commuter solutions), incentives (such as gift cards, employee engagement platforms) and corporate payments (such as virtual cards).
True to the Group's purpose, "Enrich connections. For good.", these solutions enhance users' well-being and purchasing power. They improve companies' attractiveness and efficiency, and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and softer mobility.
Edenred's 10,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day.
In 2020, thanks to its global technology assets, the Group managed close to €30 billion in business volume, primarily carried out via mobile applications, online platforms and cards.
Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC Next 20, FTSE4Good and MSCI Europe.
The logos and other trademarks mentioned and featured in this press release are registered trademarks of Edenred S.E., its subsidiaries or third parties. They may not be used for commercial purposes without prior written consent from their owners.
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Emmanuelle Châtelain +33 (0)1 86 67 24 36 [email protected]
Matthieu Santalucia +33 (0)1 86 67 22 63 [email protected]
Cédric Appert +33 (0)1 86 67 24 99 [email protected]
Loïc Da Silva +33 (0)1 86 67 20 67 [email protected]
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