Gimv - Payable optional dividend - Contribution of net dividend for the subscription to one new share at EUR 31.24 - Option period from 4 to 27 July 2012

27/06/2012 - 07:00 | Financial

Subject to approval of today’s General Meeting of Shareholders of Gimv NV the gross dividend for financial year 2011/2012 is set at EUR 2.45 per share. This will be offered to the shareholders as optional dividend. A shareholder can subscribe to one new share in exchange for 17 coupons, EUR 31.2375. Gimv's reference shareholder VPM NV, which holds the Flemish government's interest in Gimv NV, has announced that it intends to contribute 50% of the No. 19 coupons in their possession to Gimv's capital. The management committee members are committed to fully subscribe their stake to new shares. This means that 13.6% of shares for which optional dividends are available will already be subscribed.

Shareholders who hold (a multiple of) 17 No. 19 coupons on 4 July 2012 can contribute them to Gimv’s capital by subscribing to one or several new Gimv shares. It is impossible to make an extra contribution in cash for the number of missing coupons. No. 19 coupons are not traded separately on Euronext Brussels.

As from 4 July 2012, shareholders will have the option to contribute their dividend to Gimv's capital under the following conditions:

Contribution for net dividends: EUR 1.8375 per No. 19 coupon. Contribution ratio: 17 No. 19 coupons per new share. Issue price per new share: EUR 31.2375. Contribution period: from 4 to 27 July 2012, 4pm. Issuance of the new shares: 3 August 2012. Participation in the results: for the entire financial year 2012/2013 starting on 1 April 2012.

Shareholders with dematerialised shares (in a securities account) or bearer shares (printed shares) are invited to communicate their choice to their financial institution and to follow their financial institution's instructions for the registration of their choice. Holders of nominative shares follow the instructions they will receive in a letter from Gimv.

Shareholders who fail to communicate their choice will automatically receive their net dividend in cash as from 3 August 2012.

The Information Memorandum is available on the website www.gimv.be under the section “About Gimv/Investor Relations/IR Publications”.

Transaction centraliser: KBC Securities.

Financial calendar

  • Ex-date of the 2011-2012 dividend (coupon no. 19) 29 June 2012
  • Record date of the 2011-2012 dividend (coupon no. 19) 3 July 2012
  • Start of period for choosing between cash & stock dividend for 2011-2012 4 July 2012
  • Business update first quarter FY 2012-2013 results (01.04.12-30.06.12) 19 July 2012
  • End of period for choosing between cash & stock dividend for 2011-2012 27 July 2012
  • Payment date of the 2011-2012 dividend (coupon no. 19) 3 August 2012
  • Announcement of first half FY 2012-2013 results (01.04.12-30.09.12) 22 November 2012

This announcement is not intended for release, publication or distribution outside Belgium or in any jurisdiction where the publication is not permitted without registration or qualification under the laws of the relevant jurisdiction.

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