Payment in shares of 2011 dividend balance chosen at 77% by GDF SUEZ shareholders
Further to the April 23, 2012 GDF SUEZ shareholders’ meeting, which approved the distribution of a €1.50 per share dividend for 2011, shareholders were given the option of receiving payment in shares of the €0.67 per share dividend balance. This option was offered to contribute to financing the buyout of International Power minority interests.
The option to receive dividends in shares was chosen at 77% by the shareholders, including the French State and Groupe Bruxelles Lambert (GBL).
This success illustrates shareholders confidence in the Group’s long-term business strategy and industrial and financial outlook, and also reinforces the Group’s financial solidity.
This subscription will result in a capital increase of EUR 1.1 billion thanks to the issue of 69,002,807 new shares, for delivery May 24, 2012. Cash payment of dividend balance will also be made on this date.