CNP Assurances : Success of the 2012 Dividend Reinvestment Plan
PARIS, May 28, 2013 /PRNewswire/ --
At the Annual General Meeting of CNP Assurances on 25 April 2013, shareholders approved the payment of the proposed 2012 dividend, in an amount of €0.77 a share, and decided to offer the option of reinvesting the dividend in new shares of the Company.
The dividend reinvestment option was enthusiastically embraced by shareholders, particularly the major shareholders (Caisse des dépôts et consignations, Sopassure[1] and the French State), with 88.8% of dividends reinvested over the exercise period from 30 April to 21 May.
The reinvestment led to the creation of 43 118 302 new shares, which increased the Company's issued capital by €438 944 314. These shares will be settled and start trading on the NYSE Euronext Paris stock exchange on 30 May 2013. They will carry dividend rights from 1 January 2013 and will be fungible with the Company's ordinary shares already trading on the same exchange (Compartment A - ISIN FR0000120222). The cash dividend will also be paid as from 30 May 2013.
Following the reinvestment programme, the Company's share capital will be composed of 686 618 477 shares each with a par value of €1.00.
Disclaimer
This press release is the information document required pursuant to Articles 212-4 4° and 212 5 5° of the Regulations of the Autorité des Marchés Financiers (AMF) and pursuant to Annex III of AMF Instruction n° 2005-11 dated 13 December, 2005, as amended.
This press release is for information purposes only and does not constitute an offer to buy securities. This release and any other document relating to the scrip dividend may only be distributed outside a member state of the European Union in compliance with applicable local laws and regulations and does not constitute an offer of securities in jurisdictions where such an offer would violate applicable laws and regulations.
The scrip option is not available to shareholders resident in jurisdictions where registration requirements would apply and the local securities regulator's authorisation would be required. Shareholders not resident in a member state of the European Union should seek advice about and comply with any local restrictions applicable to the scrip option.
When deciding whether or not to receive scrip dividends, shareholders should consider the risks associated with investing in equities.
For further information about the Company, its business, strategy, financial results and the risks associated with its business, please refer to the sections on risk factors in the CNP Assurances Registration Document (available on http://www.cnp-finances.fr).
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1. Holding company owned by La Banque Postale (50.1%) and BPCE (49.9%)
Contacts: CNP Assurances, Florence de MONTMARIN, +33(0)1-42-18-86-51. Tamara BERNARD, +33(0)1-42-18-86-19, [email protected]. Contacts investisseurs et analystes, CNP Assurances, Jim ROOT, +33(0)1-42-18-71-89. Annabelle BEUGIN-SOULON, +33(0)1-42-18-83-66. Julien DOCQUINCOURT, +33(0)1-42-18-94-93, [email protected].
SOURCE CNP Assurances
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