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NETGEM AGM Information 2019
1547_iss_2019-05-14_11260039-2b80-475c-9670-c7abf9f58f96.pdf
AGM Information
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PRESS RELEASE
Netgem's shareholders endorse move to services strategy
- ● Shareholders approve the transfer of the Platform activity to Vitis / Videofutur
- ● Founding shareholders opting for payment in shares of their dividend
- ● New governance for the Group
Paris, May 14 th , 2019
The General Meeting of Shareholders, chaired by Joseph Haddad, Chairman and Chief Executive Officer, met today at Netgem's head office in Courbevoie. Holders of 45,5% of the shares were present or represented. All resolutions approved by the Board of Directors were adopted.
Joseph Haddad presented to the shareholders the new market drivers for Netgem in the connected home. Mr. Mathias Hautefort, the Group's new Chief Executive Officer as from July 1st, presented the activity of Videofutur and the new services made possible thanks to the multi-screen platform, the transfer of which was approved.
The General Meeting also decided to set the dividend at € 0.10 per share, with the option of payment in shares. The founding shareholders indicated that they would choose this option. In application of this decision, the price per share for the dividend payment in kind was set at 0.97 euro. The dividend will be detached on May 20, 2019 and paid as of June 11, 2019.
Finance Calendar
- Shareholder meeting May 14th, 2019
- opening
Contacts
- Investor Relations : Charles-Henri Dutray [email protected] +33 1 55 62 56 11
- Shareholders & press relations : Nicolas Castex [email protected] +33 6 09 58 07 72
● Half Year 2019 activity August 1st, 2019, before stock market opening ● Q1 2019 activity October 17, 2019, before stock market
About Netgem
NETGEM is the pioneer of the connected home, with the invention of the Box in 1996, and the co-creation of the independent operator of services for the very high-speed and Fiber in France, under the brand VideoFutur. Millions of homes around the world today use the NETGEM Box, under brands of our distribution partners, operators of telecommunications services and entertainment. NETGEM is listed on Euronext Paris Compartment C (ISIN: FR0004154060, Reuters: ETGM.PA, Bloomberg: NTG: FP) www.netgem.com