Scrip dividend: bonus-shares capital increase and new shares to be issued

17 July 2018

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 May 3, 2018 and subsequent board of directors on June 6, 2018, the board of directors of the Company agreed on July 12, 2018 the ending of the process for the bonus-shares capital increase.
  • Concluded the trading period of the free allotment rights on June 29, 2018, 12,9% 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 380,110.47 euros. The settlement of the dividend shall be carried out on July 3, 2018.
  • 86.8% of Reig Jofre’s share capital opted to receive new shares in payment of the flexible dividend.
  • Reig Jofre Investments SL sold 100% of its free allotment rights among a group of private and institutional investors, without any of these placements implying a relevant stake over 3% by any of these investors. Thus, once the new shares are admitted to trading, Reig Jofre’s first shareholder will place its shareholding of 72%.
  • 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 eight hundred and ninety-six thousand eight hundred and eighty-nine (896,889) new shares and, consequently, the capital stock of the Company will be increased in four hundred and forty-eight thousand four hundred and forty-four Euros and fifty cents (448,444.50).