VINCI dividend: payment schedule
Rueil-Malmaison - 31 March 2008
At its meeting on 27 February 2008, VINCI’s Board of Directors decided to propose a 2007 dividend of €1.52 per share to the Shareholders Meeting on 15 May. As an interim dividend of €0.47 per share was paid on 20 December 2007, the final dividend will be €1.05 per share, payable on 19 June 2008.
Furthermore, shareholders will be given the choice between payment in cash or in new shares. Subject to the approval of the Shareholders Meeting, the new shares will be issued at a price equal to 95% of the average listed price over the 20 trading sessions preceding the date of the Shareholders Meeting, less the amount of the final dividend and rounded up to the nearest euro cent.
In view of the choice between payment in cash or in new shares, the payment schedule will be as follows:
♣ Friday, 23 May 2008: ex-dividend date;
♣ Friday, 23 May to Monday, 9 June 2008 inclusive: period during which shareholders may exercise the option(*) to be paid in cash or shares;
♣ 19 June: date of dividend payment in cash or shares.
(*) Detailed information on the terms and conditions will be provided at a later date.