BOURBON: Result of the option to receive the 2016 dividend in shares
13 Juillet 2017 - 7:00AM
Paris, July 13, 2017
Result of the
option to receive the 2016 dividend in shares
The Annual General Meeting of
BOURBON Corporation shareholders held on May 23, 2017 approved the
payment of the dividend for 2016 of €0.25 per share and that each
shareholder can choose to receive the dividend either in cash or in
new shares.
The period for exercising the
option ran from June 8, 2017 to June 30, 2017, inclusive. At the
end of the option period, the shareholders who have elected to
receive the payment of the dividend in shares represented 55.28% of
BOURBON Corporation shares.
1,156,611 new shares will be
issued on July 17, 2017, representing 1.52% of the share capital
and 0.91% of the voting rights of the company based on the total
number of shares and voting rights as of May 31, 2017.
The settlement and delivery of the
new shares as well as their admission to trading on the Euronext
Paris will occur on July 17, 2017. The shares will carry immediate
dividend rights and will be fully fungible with existing shares
already listed.
For shareholders who did not opt
for a dividend payment in shares, the dividend shall be paid in
cash also on
July 17, 2017.
About
BOURBON
Among the market
leaders in marine services for offshore oil & gas, BOURBON
offers the most demanding oil & gas companies a wide range of
marine services, both surface and sub-surface, for offshore oil
& gas fields and wind farms. These extensive services rely on a
broad range of the latest-generation vessels and the expertise of
more than 9,300 skilled employees. Through its 37 operating
subsidiaries the group provides local services as close as possible
to customers and their operations throughout the world, of the
highest standards of service and safety.
BOURBON provides
two operating activities (Marine Services and Subsea Services) and
also protects the French coastline for the French Navy.
In 2016,
BOURBON'S revenue came to €1,102.6 million and as of December 31,
2016, the company operated a fleet of 514 vessels.
Placed by ICB
(Industry Classification Benchmark) in the "Oil Services" sector,
BOURBON is listed on the Euronext Paris, Compartment B.
Contacts
BOURBON |
Media relations agency
Publicis Consultants |
Investor relations, analysts,
shareholders |
Vilizara Lazarova |
+33 140 138 607 |
+33 144 824 634 |
investor-relations@bourbon-online.com |
vilizara.lazarova@consultants.publicis.fr |
|
|
Corporate Communications |
|
Christelle Loisel |
|
+33 491 136 732 |
|
christelle.loisel@bourbon-online.com |
|
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information contained therein.
Source: BOURBON via Globenewswire