Press release

17 June 2019

 
 
 
 

Results of the option for the payment of the balance of the dividend to be paid out on the 2018 financial year

The option for the payment of the balance of the dividend in shares was chosen by EDF’s shareholders: 93.71% of the rights were exercised in favor of a payment in shares following the option period which took place between 24 May 2019 and 10 June 2019 included.

In accordance with article L.232-18 of the French commercial Code and with article 25 of the Articles of Association, EDF’s General Shareholders’ Meeting of 16 May 2019 decided to pay a dividend in respect of the 2018 financial year for an amount of €0.31 per share conferring entitlement to the ordinary dividend, with an option for the payment in shares of the Company of the outstanding balance of the dividend still to be paid, amounting to 0.16 euro per share conferring entitlement to the ordinary dividend.

The issue price of the new shares is €11.10 per share, equal to 90% of the average of the opening prices of the EDF shares listed on the Euronext Paris market over the twenty trading days prior to 16 May 2019, date of the Combined Shareholders’ Meeting, less the amount of the balance of the dividend, rounded up to the next highest euro cent.

This transaction will result in the issuance of 40,701,950 new shares (representing approximately 1.33% of the share capital, taking into account the issuance), to be delivered and admitted for trading on Euronext Paris starting on 18 June 2019. The new shares will be issued with immediate dividend rights and will confer the same rights (“jouissance courante”) and restrictions as existing common shares, as described in the Company’s Articles of Association and the 2018 reference document Report available on the Company’s website. The balance of the dividend in cash to be paid to the shareholders who opted for the payment in shares amounts to around €0.230 million.

The total remaining cash dividend to be paid to shareholders who did not elect to receive the 2018 balance of the dividend in shares amounts to around €30.554 million and the payment in cash will take place as of 18 June 2019.

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A key player in energy transition, the EDF Group is an integrated electricity company, active in all areas of the business: generation, transmission, distribution, energy supply and trading, energy services. A global leader in low-carbon energies, the Group has developed a diversified generation mix based on nuclear power, hydropower, new renewable energies and thermal energy. The Group is involved in supplying energy and services to approximately 39.8 million customers(1), 29.7 million of which are in France. It generated consolidated sales of €69 billion in 2018. EDF is listed on the Paris Stock Exchange.
(1) The customers were counted at the end of 2018 per delivery site; a customer can have two delivery points: one for electricity and another for gas

 


 
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EDF SA
French societe anonyme
With a share capital of 1 505 133 838 euros
Registered lead office : 22-30, avenue de Wagram
75382 Paris cedex 08
552 081 317 R.C.S. Paris
www.edf.fr 		 CONTACTS

 

  Press office:   01 40 42 46 37

 

Analysts and Investors: 01  40 42 40 38

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  • PR Outcome PDS June 2018 17 06 2019 VA