During the General Meeting of 22 April 2020, the shareholders approved the amount of the dividend paid in respect of fiscal year 2019 of €4.80 per share as well as the scrip dividend option.
At the end of the fiscal year period, open from 29 April 2020 to 18 May 2020 included, shareholders holding 82.26% of the share capital opted for payment of the dividend in shares.
Payment of the dividend and settlement and delivery of the new shares will take place on 22 May 2020. The 7,185,223 new shares thus issued will bear rights as at 1 January 2020 and will be subject to a request for admission for trading on the regulated Euronext Paris market as well as on the MTA (Mercato Telematico Azionario) market of the Milan stock exchange. The issue price of new shares was fixed on 22 April 2020 at €47.80, corresponding to 90% of the average closing price of the 20 sessions of the stock market prior to the Combined General Meeting, less the amount of the dividend, rounded-up to the nearest cent of a euro.