EDENRED (EPA:EDEN) - Edenred: Results of the 2019 dividend reinvestment plan
Transparency directive : regulatory news
04/06/2020 08:45
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Regulated filing
June 4, 2020
Results of the 2019 dividend reinvestment plan
At the Annual Meeting on May 7, 2020, Edenred shareholders approved the payment
of a 2019 dividend of EUR0.70 per share, with the option of reinvesting 100% of
the dividend in new shares.
The option of reinvesting the dividend in shares was available from May 15 to
May 29, 2020. At the end of the option period, almost 65% of rights were
exercised in favor of the dividend payment in shares. This led to the issuance
of 3,378,494 new shares of Edenred common stock, representing 1.39% of the
share capital, which will be settled and begin trading on the Euronext Paris
stock market on June 5, 2020.
The new shares carry dividend rights from January 1, 2020 and rank pari passu
with existing shares of Edenred common stock. Following the issue, the
Company's share capital comprises 246,583,351 shares.
The total cash dividend, in an amount of EUR60 million, will be paid on
June 5, 2020.
Disclaimer
This press release is for information only, and does not constitute an offer to
buy securities or any solicitation to such effect.
Edenred is a leading services and payments platform and the everyday companion
for people at work, connecting 50 million employees and 2 million partner
merchants in 46 countries via more than 850,000 corporate clients.
Edenred offers specific-purpose payment solutions for food (meal vouchers),
fleet and mobility (fuel cards, commuter vouchers), incentives (gift vouchers,
employee engagement platforms) and corporate payments (virtual cards). These
solutions enhance employee well-being and purchasing power, improve companies'
attractiveness and efficiency, and vitalize the employment market and the local
economy.
Edenred's 10,000 employees are committed to making the world of work a
connected ecosystem that is safer, more efficient and more user-friendly every
day.
In 2019, thanks to its global technology assets, the Group managed EUR31
billion in business volume, primarily carried out via mobile applications,
online platforms and cards.
Edenred is listed on the Euronext Paris stock exchange and included in the
following indices: CAC Next 20, FTSE4Good, DJSI Europe and MSCI Europe.
For more information: www.edenred.com
The logos and other trademarks mentioned and featured in this press release are
registered trademarks of Edenred S.A., its subsidiaries or third parties. They
may not be used for commercial purposes without prior written consent from
their owners.
Edenred is celebrating its tenth anniversary in 2020.
CONTACTS
Communications Department
Marie-Laurence Bouchon
+33 (0)1 86 67 20 08
marie-laurence.bouchon@edenred.com
Media Relations
Matthieu Santalucia
+33 (0)1 86 67 22 63
matthieu.santalucia@edenred.com
Investor Relations
Solène Zammito
+33 (0)1 86 67 23 13
solene.zammito@edenred.com
Loïc Da Silva
+33 (0)1 86 67 20 67
loic.dasilva@edenred.com
www.edenred.com