(GlobeNewswire) - Delhaize Group announced today that during its Ordinary Shareholders' Meeting its shareholders approved all resolutions, including the annual accounts for fiscal year 2015 and the distribution of a 1.80 gross dividend per share. After deduction of a 27% withholding tax, this results in a net dividend of 1.31 per share.
The 2015 dividend will become payable to owners of ordinary shares against coupon no. 54. The Delhaize Group ordinary shares will start trading ex-coupon on May 31, 2016 (opening of the market). The dividend record date (i.e., the date by which shareholders and ADR holders are entitled to the dividend) is June 1, 2016 (closing of the market) and the payment date is June 2, 2016. The dividend payment date for Delhaize Group's ADR holders is June 7, 2016.
During the Shareholders' Meeting, Mats Jansson, Chairman of the Board of Directors, and Frans Muller, President and Chief Executive Officer, discussed the strategic benefits of the Company's pending merger with Ahold, as well as highlights from fiscal year 2015 financial and operational performance.
Mats Jansson, Chairman of the Board of Directors, said, "We are pleased with the on-going support of our shareholders over the years. Looking ahead, we continue to work toward the completion of our proposed merger with Ahold, which we believe will deliver great value to all stakeholders including our shareholders."
The speeches, presentations and minutes will be made available on the Delhaize Group website (www.delhaizegroup.com).
Delhaize Group is a Belgian international food retailer present in seven countries on three continents. At the end of 2015, Delhaize Group's sales network consisted of 3,512 stores. In 2015, Delhaize Group posted 24.4 billion ($27.1 billion) in revenues. In 2015, Delhaize Group posted 366 million ($407 million) in net profit (Group share). At the end of 2015, Delhaize Group employed approximately 154 000 people. Delhaize Group's stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).This press release is available in English, French and Dutch. You can also find it on the website http://www.delhaizegroup.com. Questions can be sent to email@example.com.
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