IMERYS (EPA:NK) - Imerys - 88% of the 2019 dividend paid in shares

Transparency directive : regulatory news

09/06/2020 17:45

PRESS RELEASE

JUNE 9, 2020

88% of the 2019 dividend paid in shares

The option for the payment of the dividend in shares decided by the
Shareholders' General Meeting of Imerys on May 4, 2020 resulted in the exercise
of 88.1% of the rights in favor of a payment in shares, which corresponds to a
capital increase (premium included) of EUR119.8 million. This dividend
distribution rate in shares will give rise to the creation of 5,671,940 new
shares, representing an increase of 7.15% of the share capital and of 4.49% of
the voting rights on the basis of the share capital as of May 31, 2020 (i.e.
79,343,115 existing shares and 126,235,398 (net) voting rights). The payment of
the dividend in cash represents a total amount of EUR16.1 million.

The delivery and admission to trading on the Euronext Paris market of the new
ordinary shares of the Company remitted in payment of the dividend as well as
the payment of the dividend in cash will take place on June 12, 2020.

The new shares, which will carry right to immediate enjoyment, will be fully
assimilated, as from their issue, to the existing ordinary shares of the
Company which are already admitted to trading on the Euronext Paris market.

The Shareholders' General Meeting of Imerys on May 4, 2020 fixed the amount of
the dividend for the 2019 financial year at EUR1.72 per share and decided that
this dividend could, at the choice of the shareholder, be received either in
cash and/or in shares. The issue price of the new share remitted as payment of
the dividend was set at EUR21.12, corresponding to 95% of the average market
price at the opening on the regulated market of Euronext Paris during the 20
trading sessions preceding the date of the Shareholders' General Meeting of May
4, 2020 reduced by the net amount of the dividend, this price being rounded up
to the nearest euro cent. The exercise period for the option for a payment of
all or part of the dividend in shares, opened on May 19, 2020, ended on June 8,
2020.

The world leader in mineral-based specialty solutions for industry, with EUR4.4
billion revenue and 16,300 employees, Imerys delivers high value-added,
functional solutions to diversified set of industrial sectors, from processing
industries to consumer goods. The Group draws on its knowledge of applications,
technological expertise and its material science know-how to deliver solutions
based on beneficiation of its mineral resources, synthetic minerals and
formulations. These contribute essential properties to customers' products and
performance, including refractoriness, hardness, conductivity, opacity,
durability, purity, lightness, filtration, absorption and repellency. Imerys is
determined to develop responsibly, in particular by fostering the emergence of
environmentally-friendly products and processes.

Analysts/Investor Relations:

Vincent Gouley: +33 (0)1 49 55 64 69
finance@Imerys.com

Press Contacts:

Claire Lauvernier: +33 (0)1 49 55 66 65
Hugues Schmitt (DGM Conseil): +33 (0)1 40 70 11 89

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IMERYS (EPA:NK) - Imerys - 88% of the 2019 dividend paid in shares

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