Notice of Dividend Amount • Jun 11, 2019
Notice of Dividend Amount
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At the Annual Meeting on May 14, 2019, Edenred shareholders approved the payment of a 2018 dividend of €0.86 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 22 to June 5, 2019. At the end of the option period, 70% of rights were exercised in favor of the dividend payment in shares. This led to the issuance of 3,938,507 new shares of Edenred common stock, representing 1.65% of the share capital, which will be settled and begin trading on the Euronext Paris stock market on June 11, 2019.
The new shares carry dividend rights from January 1, 2019 and rank pari passu with existing shares of Edenred common stock. Following the issue, the Company's share capital comprises 243,204,857 shares.
The total cash dividend, in an amount of €62 million, will be paid on June 11, 2019.
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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, the global leader in payment solutions for the working world, connects 830,000 corporate clients, 47 million employee users and 1.7 million partner merchants across 46 countries. Thanks to its global technology platform, the Group managed 2.5 billion transactions in 2018, primarily carried out via mobile applications, online platforms and cards, and representing more than €28 billion in business volume.
Edenred's 8,500 staff are driven by a commitment to improving employees' quality of life, increasing companies' efficiency and boosting merchants' revenues. They achieve this through three business lines:
Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC Next 20, FTSE4Good, DJSI Europe and MSCI Europe.
For more information: www.edenred.com
The logos and other trademarks mentioned and featured in this press release are registered trademarks of Edenred S.A., its subsidiaries or third parties. They may not be used for commercial purposes without prior written consent from their owners.
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Anne-Sophie Sergent +33 (0)1 74 31 86 27 [email protected]
Matthieu Santalucia +33 (0)1 74 31 87 42 [email protected]
Solène Zammito +33 (0)1 74 31 88 68 [email protected]
Loïc Da Silva +33 (0)1 74 31 87 09 [email protected]
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