Antwerp, July 23, 2025, 17:45 CET – Regulated information
Outcome of the optional dividend for the FY 2024-25: 64.2% of the dividend rights are distributed in the form of new ordinary shares, resulting in a capital increase of EUR 41.8 million
Gimv announces that 64.2% of the dividend rights on the financial year 2024-25 have been presented in return for 1,043,633 new ordinary shares, for a total amount of EUR 41.8 million.
Gimv's AGM on June 25, 2025 approved the distribution of a gross dividend of EUR 2.60 per share (EUR 1.82 net) for the financial year 2024- 25. In addition, Gimv offered shareholders the option of subscribing to new ordinary shares, each share being exchanged for 22 dividend rights on the financial year 2024-25 (EUR 40.04), or of taking a cash dividend or a combination of both. The new shares will be of the same type as the existing shares (with no right to a reduced withholding tax) and give entitlement to payment of a dividend from Gimv's profits as from April 1st, 2025. Gimv shareholders were asked to communicate their choice between July 2 and 22, 2025.
22,959,926 dividend rights on the financial year 2024-25 were presented in exchange for 1,043,633 new ordinary shares, for a total amount of EUR 41.8 million. These new shares will be issued on July 25, 2025 and will be admitted to listing on Euronext Brussels on the same date. The balance of the dividend will be distributed on July 25, 2025 in cash, amounting to a gross total of EUR 51.2 million (including withholding taxes).
As a result of this capital increase, Gimv's equity (group's share) will amount to EUR 1,855.6 million(1) and will be represented by 36,810,933 ordinary shares. Each of these shares carries one voting right at the general shareholders meetings and the total number of shares indicated above will represent the denominator for purposes of notifications under the transparency regulations.
WorxInvest, Gimv's reference shareholder, opted for full payment in shares.
This capital increase adds EUR 41.8 million to Gimv's equity, in contrast to the situation that would have prevailed had the dividend entirely been paid in cash. The cash which is not paid out will be used by Gimv to finance the accelerated growth ambitions and further value creation in the portfolio.
(1) Most recently published equity value (group's share) as at 31 March 2024, excluding the dividend on the financial year 2023-24 and increased with the amount of the capital increase.
Press release
Financial calendar
- Payment date dividend 2024-25 (coupon nr. 33) and listing new shares on Euronext Brussels July 25, 2025
- Results 6M 2025* (April 1, 2025 – September 30, 2025) November 22, 2025
* As of 2025, Gimv will close its financial year at the end of December, leading to a shortened financial year of 9 months for 2025.
About Gimv
Gimv is a European investment company, listed on Euronext Brussels and a member of the Euronext BEL ESG Index. With over 45 years' experience in private equity, Gimv currently has an investment portfolio of more than EUR 1.6 billion. The portfolio contains around 61 portfolio companies, with combined turnover of EUR 4.5 billion and more than 20,000 employees.
As a recognized market leader in selected investment platforms, Gimv identifies entrepreneurial, innovative companies with high growth potential and supports them in their transformation into market leaders. Gimv's five investment platforms are Consumer, Healthcare, Life Sciences, Smart Industries and Sustainable Cities. Each platform works with an experienced team across Gimv's home markets of Benelux, France and DACH, supported by an extended international network of experts.
Further information on Gimv can be found on www.gimv.com.
For further information please contact:
Kristof Vande Capelle, CFO* T +32 3 290 22 17 [email protected]
* acting on behalf of a company