As of today, Solvac owns 25,578,267 Solvay shares, i.e. 30.20% of Solvay (compared to 30.18% at year-end 2013).

During the period from January 1, 2014 until today and in accordance with what had been announced:

  • Solvac received a gross dividend of EUR 34.1 million (Solvay interim dividend of EUR 1.3333 gross per share, booked in 2013 and paid on January 23, 2014). It will receive the balance of the Solvay dividend (EUR 1.8667 gross per share) on May 20, 2014, making a gross dividend of EUR 47.75 million.
     
  • The General Assembly of May 13, 2014 approved the dividend amount paid by Solvac for the financial year 2013 (1st instalment of EUR 2.72 gross per share paid on September 26, 2013 and the 2nd instalment, making up the balance, of EUR 2.00 gross per share, paid on December 27, 2013). This represents a cash outflow of EUR 72.1 million (including withholding tax).

For 2014, the Board of Directors has decided that the first instalment will be paid on September 25, 2014 and the second on December 29, 2014.

  • Solvac bought 19,000 Solvay shares on the market.

Since January 1, 2014, Solvac hasn't bought any of its own shares on the market.

For your information, please note that Solvay published its results for the 1st quarter of 2014 on May 6, 2014. Solvay's press release is available at www.solvay.com:
http://www.solvay.com.

This interim statement was approved by Solvac's Managing Director.

For more information, please contact:

SOLVAC S.A.
Investor Relations
Postal address:
Rue des Champs Elysées, 43 - 1050 Brussels
Tel.: 32 2 639 66 30
Fax: 32 2 639 66 31
Email: Investors.relations@solvac.be:
mailto:Investors.relations@solvac.be

Dit persbericht is ook in het Nederlands beschikbaar - Ce communiqué de presse est aussi disponible en français

PDF:
http://hugin.info/137319/R/1783352/610717.pdf



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Solvac SA via Globenewswire

HUG#1783352