Albioma

2019 dividend: option for the payment of the dividend in the form of new shares

Press release

Paris La Défense, 2 June 2020

2019 dividend

Option for the payment of the dividend in the form of new shares of the Company

The General Meeting of shareholders held on 29 May 2020 approved the proposal of an option for the payment of 50% of the dividend to be distributed in respect of the 2019 financial year in the form of new shares. As a consequence, shareholders may opt for the payment of 50% of the €0.70 dividend distributed (i.e. €0.35 per share) in the form of new shares; should the option be exercised, the remaining dividend will be paid in cash. This option may be exercised in the same conditions for the shares eligible for the fidelity premium dividend (€0.77 per share with an option exercisable up to €0.385).

The option may only be exercised for the entire fraction of the dividend to which the option refers (i.e. 50%).

The option must be exercised by shareholders from 15 June to 6 July 2020 inclusive, either by request to the financial intermediary in charge of the shareholder’s securities account for bearer shares and administered registered shares, or until 2 July 2020 inclusive by request to BNP Paribas Securities Services as keeper of the Company’s share registry for pure registered shares (in the latter case, the option may be exercised via the PlanetShares website, https://planetshares.bnpparibas.com). After expiry of the aforementioned period, any shareholder failing to exercise the option shall receive payment of its entire dividend in cash, i.e. €0.70 per share.

The shares shall be listed ex-dividend as from June 11, 2020. The shares issued in payment of the dividend will be delivered on 10 July 2020, on the same date as the payment of the cash dividend.

The issuing price of the new shares that will be issued in payment of the dividend has been set at €27.77, i.e. 90% of the first share price on Euronext Paris during the twenty trading days prior to the decision to distribute, less the net dividend amount, and the amount resulting from this formula will be rounded up to the next cent.

If, on the basis of this price, the amount of the dividend to which a shareholder is entitled does not correspond to a whole number of shares, the shareholder may obtain the lower number of shares plus a cash balance.

Application will be made for the new shares to be admitted to trading on Euronext Paris as from July 10, 2020. These new shares will be subject to the provisions of Albioma’s Articles of Association. As a consequence, they will be fully assimilated to the existing shares of the Company.