Bonus-shares capital increase and new shares to be issued
31 May 2019
Reig Jofre informs on the bonus-shares capital increase and the new shares to be issued for its scrip dividend.
- Following the end of the trading period of the free allotment rights, as it was agreed by the General Shareholders’ Meeting on April 25, 2019 and subsequent board of directors on April 29, 2019 the board of directors of the Company agreed on May 30, 2019 the ending of the process for the bonus-shares capital increase.
- Concluded the trading period of the free allotment rights on May 21, 2019, 12,3% of the share capital requested the sale of rights to the Company, which will imply a distribution of cash dividend by the Company for a total amount of 359,412.53 euros. The settlement of the dividend shall be carried out on May 23, 2019.
- 87.3% of Reig Jofre’s share capital opted to receive new shares in payment of the flexible dividend.
- Based on the resolutions adopted at those meetings, a public deed for the capital increase has been granted today. The conversion of the free allotment rights has given rise to a total of one million twelve thousand three hundred ninety (1,012,390) new shares and, consequently, the capital stock of the Company will be increased in five hundred six thousand one hundred ninety-five Euros (506,195 €).