Results of the option for the payment of the balance of the dividend to be paid out on the 2015 financial year
In accordance with article L. 232-18 of the French commercial Code and with article 25 of the Articles of Association, EDF’s General Shareholders’ Meeting of 12 May 2016 decided to pay a dividend in respect of the 2015 financial year for an amount of 1.10 euro per share with an option for the payment in shares of the Company of the outstanding balance of the dividend still to be paid, amounting to 0.53 euro per share.
The issue price of the new shares is 10.08 euro per share, equal to 90% of the average of the opening prices of the EDF shares listed on the Euronext Paris regulated market over the twenty trading days prior to 12 May 2016, date of the Combined Shareholders’ Meeting, less the amount of the balance of the dividend, rounded up to the next highest euro cent.
This transaction will result in the issuance of 93,112,364 new shares (representing approximately 4.62% of the share capital, taking into account the issuance), to be delivered and admitted for trading on Euronext Paris starting on 30 June 2016. The balance in cash to be paid to the shareholders who opted for the payment in shares amounts to around 0.73 million euros.
The new shares will be issued with immediate dividend rights and will confer the same rights (“jouissance courante”) and restrictions as existing common shares, as described in the Company’s Articles of Association and the 2015 reference document Report available on the Company’s website (www.edf.fr/finance-en).
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