Auriga Industries A/S, Harboøre, Denmark, 2015-06-08 10:00 CEST (GLOBE NEWSWIRE) --
Company announcement no. 12/2015
June 8, 2015
Reduction of the share capital
In order to increase the distributable reserves, which can be distributed to the shareholders, it was decided at Auriga Industries A/S’ annual general meeting on April 30, 2015, to reduce the company’s share capital with nominally DKK 249,900,000 from DKK 255,000,000 to DKK 5,100,000 by reducing the nominal value of the shares from DKK 10 to DKK 0.20.
The advertisement period related to the reduction of the share capital expired without any objections being raised and the reduction of the share capital has been registered with the Danish Business Authority. By extension, Auriga has asked its share-issuing institute to implement the capital reduction by VP Securities and Nasdaq Copenhagen, which is expected to happen during this week.
After the capital reduction, Auriga’s share capital is nominally DKK 5,100,000, divided into a Class A share capital of nominally DKK 1,500,000 and a Class B share capital of nominally DKK 3,600,000.
The total number of shares and voting rights is not affected by the capital reduction.
The reduction amount is transferred to a special reserve, which is to be transferred to distributable reserves, which can be distributed to the shareholders as dividends after the capital reduction.
As previously announced, Auriga still expects to distribute extraordinary dividends of DKK 323 per share according to the below timetable:
|
11 June 2015 (Account date) |
The Board of Directors’ decision on distribution of extraordinary dividend of DKK 323 per share (dividend declaration). Last day of trading of Auriga shares with entitlement to dividend. |
|
12 June 2015 (Ex-date) |
Auriga-shares traded without entitlement to dividend. |
|
15 June 2015 (Record date) |
Record day with regards to dividend payment. |
|
16 June 2015 (Value date) |
The dividend is paid to the shareholders. |
The size of the dividend amounts as well as the timing for the distribution may be changed, if unexpected events occur before the date of distribution. Any remaining amount, expected to be around DKK 2 per share, will be distributed at a later stage.
AURIGA INDUSTRIES A/S
Lene Faurskov
Manager, Investor Relations
Mobile: +45 41 64 05 04
investor@auriga.dk
