ALTEN (EPA:ATE) - 2020 Dividend
Transparency directive : regulatory news
13/04/2021 17:45
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PRESS RELEASE5:45PM April 13, 2021
2020 dividend
Proposed allocation of income for 2020
In 2020, Alten's Board of Directors decided not to distribute a dividend for
the previous year due to the uncertainties related to the pandemic and out of a
sense of responsibility towards the Group's stakeholders, especially its
employees, customers and service providers.
Because the decision not to distribute a dividend in 2020 was based strictly on
the economic situation, in light of the Group's 2020 results and outlook, the
Board of Directors has proposed to revert to the Group's previous practice of
distributing dividends and is therefore proposing the payment of a dividend of
one euro (EUR1) per ordinary share and EUR0.50 per preference share, i.e. a
total amount of EUR34,261,284.50.
In the event of any change in the number of shares giving entitlement to
dividends vis-à-vis the 34,260,167 ordinary shares and 2,035 preference shares
that make up the share capital at April 1, 2021, the total amount of dividends
payable would be adjusted accordingly and the amount allocated to "Other
reserves" would be determined based on the dividends actually paid.
Subject to approval of the resolution concerning the proposed allocation of
income for 2020 at the Combined Ordinary and Extraordinary General Meeting of
May 28, 2021, the dividend will be paid on 4 June 2021 and shares will trade
ex-dividend from 2 June 2021.
ALTEN
Alten was created in 1988 and is now present in 30 different countries. It has
become a global leader in Engineering and Technology Consulting and in 2020 it
reported revenue of EUR2.33 billion. Alten helps companies to grow and develop
by partnering their engineering and IT services projects. With more than 90% of
engineers among its 33,800 employees, Alten is a real hotbed of engineering
talent.
For further information, go to www.alten.com
Contact: alten@hopscotch.fr
(c) ALTEN Communication Department - www.alten.fr
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