EDENRED SE REGULATED FILING
June 13, 2017
RESULTS OF THE 2016 DIVIDEND
REINVESTMENT PLAN
At the Annual Meeting on May 4, 2017, Edenred shareholders approved the payment of a 2016 dividend of €0.62 per share, with the option of reinvesting 50% of the dividend in new shares.
The option of reinvesting 50% of the dividend in shares was available from May 12 to June 2, 2017. This led to the issue of 1,722,895 new shares of Edenred common stock, representing 0.74% of the share capital, which will be settled and begin trading on the Euronext Paris stock market on June 15, 2017.
The new shares carry dividend rights from January 1, 2017 and rank pari passu with existing shares of Edenred common stock. Following the issue, the Company's share capital comprises 235,402,740 shares.
The total cash dividend, in an amount of €109 million[1], will be paid on June 15, 2017.
Disclaimer
This press release is for information only, and does not constitute an offer to buy securities or any solicitation to such effect.
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Edenred, which invented the Ticket Restaurant® meal voucher and is the world leader in prepaid corporate services, designs and manages solutions for companies and public institutions seeking to provide purchasing power, optimize their expenses and motivate their teams. The Group's solutions are used across a network of 1.4 million affiliated merchants by 43 million employees working for 750,000 client organizations. The portfolio is built around two main business lines:
- Employee benefits (Ticket Restaurant®, Ticket Alimentación, Ticket CESU, Childcare Vouchers, etc.)
- Expense management (Ticket Log, Ticket Car, UTA, Ticket Clean Way, Repom, etc.)
Edenred also offers complementary solutions for managing transactional ecosystems, covering corporate payments (Edenred Corporate Payment), incentives and rewards (Ticket Compliments, Ticket Kadéos) and public social programs.
Listed on the Euronext Paris stock exchange, Edenred operates in 42 countries, with close to 8,000 employees. In 2016, the transaction volume managed by Edenred amounted to almost €20 billion.
Ticket Restaurant® and all other tradenames of Edenred products and services are registered trademarks of Edenred SA.
Follow Edenred on Twitter: www.twitter.com/Edenred
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CONTACTS
Media Relations Anne-Sophie Sibout +33 (0)1 74 31 86 11 anne-sophie.sibout@edenred.com Anne-Sophie Sergent +33 (0)1 74 31 86 27 anne-sophie.sergent@edenred.com | Investor and Shareholder Relations Solène Zammito +33 (0)1 74 31 88 68 solene.zammito@edenred.com Aurélie Bozza +33 (0)1 74 31 84 16 aurelie.bozza@edenred.com |
[1] Corresponding to 50% of the dividend automatically paid in cash to all shareholders (€73 million) and the €36 million paid in cash to shareholders opting not to reinvest.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: EDENRED S.A. via Globenewswire
