CNP Assurances, Success of the 2011 Dividend Reinvestment Plan
PARIS, July 20, 2012 /PRNewswire/ --
At the Annual General Meeting of CNP Assurances on 29 June 2012, shareholders approved the payment of the proposed 2011 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 and the French State), with 86.2% of dividends reinvested over the exercise period from 3 to 17 July.
The reinvestment led to the creation of 49 348 883 new shares, which increased the Company's issued capital by 8.31%. These shares will be settled and start trading on the NYSE Euronext Paris stock exchange on 24 July 2012. They will carry dividend rights from 1 January 2012 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 24 July 2012.
Following the reinvestment programme, the Company's share capital will be composed of 643 500 175 shares each with a par value of €1.00.
Press Relations
Florence de Montmarin
+33(0)1-42-18-86-51
Tamara Bernard
+33(0)1-42-18-86-19
E-mail: [email protected]
Investor and Analyst Relations
Jim Root
+33(0)1-42-18-71-89
Annabelle Beugin-Soulon
+33(0)1-42-18-83-66
Jean-Yves Icole
+33(0)1-42-18-94-93
E-mail: [email protected]
SOURCE CNP Assurances
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