At the Annual General Shareholders’ Meeting of Recticel, which took place this morning, all proposed resolutions on the agenda of the Ordinary General Shareholders’ Meeting were approved.
Recticel will distribute a gross dividend of EUR 0.24 per share, which will be paid on 03 June 2019.
At the Annual General Shareholders’ Meeting of Recticel, which took place this morning, all proposed resolutions on the agenda of the Ordinary General Shareholders’ Meeting were approved.
Recticel will distribute a gross dividend of EUR 0.24 per share, which will be paid on 03 June 2019.
Recticel announces the following changes in its financial calendar:
Ex-coupon date : 30.05.2019 (instead of 29.05.2019)
Record date : 31.05.2019 (instead of 30.05.2019)
Dividend payment date : 03.06.2019 (unchanged)
We invite you to consult all the relevant documents on the Annual General Meeting of 28 May 2019 via the link below. These include the agenda, power of attorney, voting form and conditions of access.
Recticel NV announces that, after due consideration, in line with its fiduciary duties, of the unsolicited non-binding offer from Kingspan Plc to acquire Recticel’s Insulation and Flexible Foams divisions dated April 16, 2019 (the “FF/I Offer”), its Board of Directors (the “Board”) has unanimously decided to reject the FF/I Offer as it believes that it is not in the interest of its stakeholders to engage with Kingspan in this respect.
Recticel NV announces that, after an initial review of the unsolicited non-binding offer from Kingspan Plc to acquire Recticel’s Insulation division and Flexible Foam division dated April 16, 2019 (the “Offer”), it has found that the Offer is lacking a number of critical information items to allow Recticel’s Board of Directors to make an informed decision thereon, in line with its fiduciary duties. It has therefore submitted today a number of questions and clarification requests to Kingspan Plc.
Recticel NV announces that it has received today an unsolicited non-binding offer from Kingspan Group Plc to acquire Recticel’s Insulation division and Flexible Foams division for an enterprise value of EUR 700 million on a debt-free, cash-free basis and subject to further price adjustment mechanisms. Recticel has taken note of the press release issued by Kingspan.
Recticel announces that on 29 March 2019 its share capital has been increased following the exercise of 20,000 warrants of the warrant plan issued on 23 June 2015. This resulted in the issuance of 20,000 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 01 April 2019.