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    Financial information at 30 September 2020

    Follow the Group's Financial information at 30 September 2020 - On Friday, November 13th 2020 from 9:00 am (Paris time).

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Financial information at 30 September 2020

Follow the Group's Financial information at 30 September 2020 - On Friday, November 13th 2020 from 9:00 am (Paris time).

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  6. Interim dividend distribution for fiscal year 2016
30 Sep 2016

Interim dividend distribution for fiscal year 2016

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Finance

At its meeting today, the Board of Directors of EDF declared a 2016 interim dividend of €0.50 per share and offered, under the conditions set by the fourth resolution at the Combined General Meeting of May 12, 2016, the option for shareholders to receive the 2016 interim dividend in cash or in new shares of the Company.

The share price for the new shares which will be issued as payment of the 2016 interim dividend is set by the Board of Directors at €9.62. This price is equal to the average opening price on the Euronext Paris for the twenty trading days preceding September 30, 2016, reduced by the net amount of the interim dividend, with a 10% discount, rounded up to the nearest cent. This price is the minimum price set by the fourth resolution at the Combined General Meeting of May 12, 2016. Shares issued in this way will carry immediate dividend rights and will accordingly give the right to any distribution decided from the date they are issued. An application will be made to admit the new shares for trading on the Euronext Paris market.

The ex-dividend date for the 2016 interim dividend is set for October 5, 2016. The period for exercising the option will begin on October 5, 2016, and will end on October 21, 2016, both dates inclusive. The option may be exercised on request with authorized financial brokers.

Any shareholder who does not exercise this option within the specified time period will receive the whole of the interim dividend due to them in cash. The date for the payment in cash is set for October 31, 2016.

For shareholders who elect to receive the 2016 interim dividend in shares, the date for the delivery of shares is set for October 31, 2016. If the amount of the 2016 interim dividend for which the option of payment in shares is exercised does not correspond to a whole number of shares, the shareholder will receive the number of shares immediately below, plus a balancing cash adjustment.

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