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Econocom Group SE — Share Issue/Capital Change 2014
Dec 29, 2014
3943_iss_2014-12-29_605f89a2-b287-4810-93a6-9fb270b9dc36.pdf
Share Issue/Capital Change
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REGULATED INFORMATION
29 December 2014
Cancellation of 2.64% of outstanding shares
The shareholders of Econocom Group, a European business-to-business digital service provider, who attended a General Meeting today, have decided to immediately cancel 3,053,303 treasury shares, i.e. 2.64% of the company's share capital. This cancellation has an accretive effect on earnings per share.
Econocom thus continues its shareholder return policy. For the record, in 2013 the Company cancelled more than 5% of its outstanding shares and distributed a gross dividend of €0.12 per share in 2014.
As a result of this transaction, Econocom's share capital consists of 112,519,287 shares.
The preliminary full-year revenue release will be published after the close of trading on 28 January 2015.
About Econocom
Econocom is a European digital service provider. In 2013, it posted consolidated revenue of €1.77 billion. The services provided by the group include consulting, sourcing, infrastructure and application services and technology management & financing of digital assets. On 22 November 2013, Econocom finalised the acquisition of the entire share capital of Osiatis, resulting in the creation of a major new digital services company with over 8,000 employees in 20 countries and cumulated revenue of around €2 billion.
The Econocom Group share (BE0974266950 - ECONB) has been listed on the Euronext NYSE in Brussels since 1986 and is part of the BelMid index.
For further information: https://www.econocom.com and https://finance.econocom.com Follow us on Twitter: https://twitter.com/econocom Investor and shareholder relations: [email protected]