Distribution of a dividend in the form of scrip dividend
9 October 2020
Reig Jofre informs that:
- Following the end of the trading period of the free allotment rights, as it was agreed by the General Shareholders’ Meeting on July 23, 2020 and subsequent board of directors on September 9, 2020 the board of directors of the Company agreed on October 8, 2020 the ending of the process for the bonus-shares capital increase.
- Concluded the trading period of the free allotment rights on September 30, 2020, 2.95% 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 87,654 euros. The settlement of the dividend shall be carried out on October 2, 2020.
- 96,4% 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 seven hundred thirty-nine thousand eight hundred twentytwo (739,822) new shares and, consequently, the capital stock of the Company will be increased in three hundred sixty-nine thousand nine hundred eleven euros (€ 369,911).