Lagardère confirms the ex-coupon and payment dates for its exceptional dividend
Corporate & other activities, Finance
Paris, May 23, 2013
Lagardère SCA confirms the dates that were provided on April 29, 2013, i.e. the ex-coupon date for the interim dividend of €9 will be May 28, 2013, with a payment date of May 31, 2013, in accordance with a Managing Partners decision on May 21, 2013.
This interim dividend is associated with the Lagardère group’s sale of its 7.4% stake in EADS on April 12, 2013. It represents the exceptional portion of the dividend to be submitted by the Managing Partners for approval at the General Meeting that will be held in 2014 to approve the 2013 financial statements.
Lagardère reiterates that, as is the case with all dividends, this ex-coupon payment should result in an adjustment of the Lagardère share price in the amount of €9 on the morning of May 28, 2013, in compliance with the market rules.
In return, shareholders will receive a cash payment of €9 per share.
Some of the statements contained in this document are not historical facts but rather are statements of future expectations and other forward-looking statements that are based on management’s beliefs. These statements reflect such views and assumptions as of the date of the statements and involve known and unknown risks and uncertainties that could cause future results, performance or future events to differ materially from those expressed or implied in such statements.
Please refer to the most recent Reference Document (Document de référence) filed by Lagardère SCA with the French Autorité des marchés financiers for additional information in relation to such factors, risks and uncertainties.
Lagardère SCA disclaims any intention or obligation to update or review the forward-looking statements referred to above. Consequently Lagardère SCA is not responsible for any consequences that could result from the use of any of the above statements.
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Lagardère is a world-class pure-play media group (Book and e-Publishing; Press, Audiovisual, Digital and Advertising Sales Brokerage; Travel Retail and Distribution; Sport Industry and Entertainment).
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