At the Annual General Shareholders’ Meeting of Recticel, which took place this morning, all proposed resolutions on the agenda of the Ordinary General Meeting were approved.
Recticel will distribute a gross dividend of EUR 0.29 per share, which will be paid on 07 June 2022.
In accordance with the Act of 2 May 2007 on the publication of important participations in listed companies, Recticel (Euronext: REC) publishes the following notification:
1. Summary of notification
In accordance with the Act of 2 May 2007 on the publication of important participations in listed companies, Recticel (Euronext: REC) publishes the following notification:
1. Summary of notification
In accordance with the Act of 2 May 2007 on the publication of important participations in listed companies, Recticel (Euronext: REC) publishes the following notification:
1. Summary of notification
Recticel announces that on 29 April 2022 it successfully acquired Trimo d.o.o., the Slovenian specialist in the production of sustainable premium insulated panels for the construction industry (see also press release of 22 March 2022).
All customary conditions precedent, including regulatory approvals, were met much faster than initially expected. The acquisition price was paid in cash for an enterprise value of EUR 164.3 million. Trimo will be consolidated in Recticel’s financial statements as from 01 May 2022.
Recticel announces that on 28 April 2022 its share capital has been increased following the exercise of (i) 25,000 warrants of the warrant plan issued on 30 June 2017, and (ii) 25,000 warrants of the warrant plan issued on 25 April 2018. This resulted in the issuance of 50,000 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 02 May 2022.
- Net sales increase from EUR 206.2 million to EUR 294.7 million (+42.9%), mainly driven by the FoamPartner scope change, as well as a 28.1% increase in Insulation sales
- Net financial debt: EUR 129.6 million (31 December 2021 : EUR 147.8 million)
In accordance with the Act of 2 May 2007 on the publication of important participations in listed companies, Recticel (Euronext: REC) publishes the following notification:
Recticel (Euronext: REC) has received a transparency notification dated 19 April 2022, which shows that Janus Henderson Group plc, as a result of the disposal of shares on 15 April 2022, now owns 2.99% (previously 4.94%) of the voting rights of the company. It has thus crosses downwards the 3% shareholding threshold.
Recticel announces that on 31 March 2022, it successfully sold its Bedding activities to to the Portuguese privately owned Aquinos Group.
Olivier Chapelle (Chief Executive Officer): “The closing of the transaction went smoothly, and within the expected timeframe. The divestment of the Bedding business line is another essential step in simplifying our group structure and in realizing our strategic objectives, while further strengthening our capital structure.