The full press release is available on http://www.solvac.be/HPBis/0,,35841-1-0,00.html:
In accordance with the Royal Decree of November 14, 2007, art. 14
As of today, SOLVAC is holding 25,559,257 SOLVAY shares, i.e. 30.18% of SOLVAY, to be compared with 30.15% end 2011).
In the period from January 1, 2012 until today and in accordance with an earlier announcement:
- Solvac has received a gross dividend of EUR 30.6 million (Solvay interim dividends of EUR 1.20 gross per share, fiscal year 2011, and paid out on January 19, 2012). The balance of the Solvay dividend will be paid on May 15, 2012. It amounts to EUR 1.8667 gross per share (unchanged compared with the financial year 2010), i.e. a gross dividend of EUR 47.7 million ;
- The General Assembily of May 8, 2012 has agreed with the amount payable by Solvac for the financial year 2011 (1st interim dividend of EUR 2.59 gross per share, paid out on October 27 2011 and the 2nd interim dividend of EUR 1.94 gross per share as balance of the Solvac dividend, paid out on December 29, 2011. This represents an outflow of cash of EUR 69.3 million (an amount including the withholding tax).
- To date, the amount of shares purchased since the launch (on September 1, 2011) of the buy-back share programme is 19,225 shares, meaning an investment of EUR 1,628,197. For further details on this buy-back share programme we refer to the relevant press releases in the Share information section of the Solvac website, www.solvac.be:
We draw the reader's attention to the publication by SOLVAY of its 1st quarter 2012 results on May 7, 2012. The press release can be downloaded from www.solvay.com:
This intermediate statement has been approved by the Managing Director of SOLVAC.
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Source: Solvac SA via Thomson Reuters ONE