Kaufman & Broad SA :DIVIDEND OF €2.10 PER SHARE TO BE PROPOSED TO THE GENERAL MEETING OF SHAREHOLDERS FOR 2017
08 Mars 2018 - 6:27PM
Press Release
PARIS, 8th of March
2018
Dividend of €2.10 per share to be
proposed
to the general meeting of shareholders
for the financial year ended 30 November 2017
The meeting of the Board of
Directors of Kaufman & Broad held on the March the 7th 2018 and
chaired by Nordine Hachemi, approved the financial statements for
the financial year ended 30 November 2017 and the payment of a
dividend of €2.10 per share to the shareholder's general meeting to
be held on 3 May at 9 am, at the hotel Hilton Paris La Défense, 2
place de La Défense, 92053 Paris La Defense.
It will be proposed to this
general meeting of shareholders to grant an option to the
shareholders of Kaufman & Broad between (i) a payment of the
whole dividend in cash, (ii) a payment of the whole dividend in new
shares or (iii) a payment of one half of the dividend in cash (i.e.
1.05 euro per share) and the other half in new shares (i.e. 1.05
euro per share). The shareholders will be entitled to only one of
the above options.
The exercise period of the option
will begin on 9 May 2018, which is the ex-dividend date, and will
end on 22 May 2018 inclusive. The dividend will be paid on 30 May
2018.
The notice of meeting will be
published in the BALO on 26 March 2018 and the draft resolutions
will be posted on the Company's website the latest on 12 April
2018.
This release is
available on the www.kaufmanbroad.fr website
Contacts
Chief Financial Officer
Bruno Coche
01 41 43 44 73
Infos-invest@ketb.com
|
Media Relations: |
Hopscotch Capital: Violaine Danet
01 58 65 00 77/ k&b@hopscotchcapital.fr
Kaufman & Broad: Emmeline
Cacitti
06 72 42 66 24 / ecacitti@ketb.com |
About Kaufman
& Broad - Kaufman & Broad has been designing,
building, and selling single-family homes in communities,
apartments, and offices on behalf of third parties for 50 years.
Kaufman & Broad is one of the leading French Property
Development & Construction companies due to the combination of
its size and profitability, and the strength of its brand.
The Kaufman &
Broad Registration Document was filed with the French Financial
Markets Authority ("AMF") under No. D.17.0286 on March 31, 2017. It
is available on the AMF (www.amf-france.org)
and Kaufman & Broad (www.kaufmanbroad.fr)
websites. It contains a detailed description of Kaufman &
Broad's business activities, results, and prospects, as well as of
the related risks factors. Kaufman & Broad specifically draws
attention to the risk factors set out in Chapter 1.2 of the
Registration Document. The materialization of one or several of
these risks may have a material adverse impact on the Kaufman &
Broad Group's business activities, net assets, financial position,
results, and outlook, as well as on the price of Kaufman &
Broad's shares.
This press release does not amount to, and cannot
be construed as amounting to a public offering, a sale offer or a
subscription offer, or as intended to seek a purchase or
subscription order in any country.
DIVIDEND OF €2.10 PER SHARE TO BE
PROPOSED TO THE AGM
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq 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: Kaufman & Broad SA via Globenewswire
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