Auriga, Distribution of extraordinary dividends – indicative time table
Auriga Industries A/S, Harboøre, Denmark, 2015-05-20 11:19 CEST (GLOBE NEWSWIRE) --
Company announcement no. 11/2015
May 20, 2015
Distribution of extraordinary dividends – indicative time table
At the Annual General Meeting on April 30, 2015, an authorization of the Board of Directors to distribute extraordinary dividends was adopted, and a reduction of the share capital by transfer to distributable reserves was adopted.
As previously announced in company announcement no. 9/2015 of April 30, 2015, Auriga plans to distribute a total amount of DKK 8,236,500,000, equivalent to DKK 323 per share, as an extraordinary dividend to Auriga’s shareholders.
The Board of Directors intends to use the authorization to complete the distribution during June 2015, when the capital reduction has been completed.
Auriga expects that distribution of extraordinary dividends will follow the below time table:
| 11 June 2015 (Account date) |
The Board of Directors’ decision on distribution of extraordinary dividend of DKK 323 per share (dividend declaration). Last day of trading of Auriga shares with entitlement to dividend. |
| 12 June 2015 (Ex-date) |
Auriga-shares traded without entitlement to dividend. |
| 15 June 2015 (Record date) |
Record day with regards to dividend payment. |
| 16 June 2015 (Value date) |
The dividend is paid to the shareholders. |
The size of the amounts for distribution as well as the timing can be changed if unexpected events occur before the date of distribution.
Any remaining amount, expected to be around DKK 2 per share, will be distributed at a later stage.
AURIGA INDUSTRIES A/S
Lene Faurskov
Manager, Investor Relations
Mobile: +45 41 64 05 04
Vedhæftede filer:
Auriga-Distribution of extraordinary dividends-2015-05-20.pdf