Recticel, The passion for Comfort

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Dividend

 

Profit appropriation policy

The Annual General Meeting decides on the appropriation of the amounts available for the distribution on the basis of a proposal from the Board of Directors.

When drawing up its proposal, the Board of Directors tries to achieve the right balance between ensuring a stable dividend for shareholders and maintaining sufficient investment and self-financing opportunities to secure the company's longer-term growth.

 

 

Dividend payment

 


Subject to approval by the General Meeting of 31 May 2016 of the profit appropriation, a dividend of EUR 0.14 gross will be paid per ordinary share, or EUR 0.102 net (-27% withholding tax).

 

This dividend will be payable from 03 June 2016. KBC bank acts as Paying Agent.

  

 

The payment for the registered shares will take place via bank transfer on the shareholders’ bank account.