Compagnie Financière Tradition : Decision to increase share capital in connection with a scrip dividend charged to capital reserves
Compagnie Financière Tradition /
Compagnie Financière Tradition : Decision to increase share capital in
connection with a scrip dividend charged to capital reserves
. Verarbeitet und übermittelt durch Thomson Reuters ONE.
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
Press release
Decision to increase share capital in connection with a scrip dividend charged
to capital reserves
Shareholders at the Annual General Meeting of Compagnie Financière Tradition SA
held on 23 May 2013, in addition to approving the company and group annual
accounts, approved a dividend of CHF 2 per bearer share of CHF 2.50 nominal
value. The total dividend payment of CHF 12,979,272 will be charged to free
reserves.
Compagnie Financière Tradition shares will go ex-dividend on 27 May 2012.
The AGM decided that each shareholder could elect to receive this dividend in
cash or in new Compagnie Financière Tradition bearer shares (scrip dividend), in
accordance with and subject to the Board proposal published in the Swiss
Official Gazette of Commerce on 30 April 2013.
The election period runs from 27 May 2013 to noon on 3 June 2013 (CET).
The issue price of the new bearer shares is set at CHF 44; 22 No 15 coupons will
therefore be required to obtain one new share.
To enable payment of the dividend to shareholders who elect to receive new
shares, the AGM voted to increase the present share capital by an amount not
exceeding CHF 750,000, bringing the increased share capital to a maximum of CHF
16,974,090 by issuing up to 300,000 bearer shares with a nominal value of CHF
2.50 each. These shares will be fully paid up by conversion of the Company's
available equity. The new shares will carry dividend rights from the 2013
financial year.
The issue prospectus, within the meaning of Section 652a of the Swiss Code of
Obligations, will be published in the Swiss Official Gazette of Commerce on May
27, and on the Compagnie Financière Tradition SA website (www.tradition.com).
With a presence in 28 countries, Compagnie Financière Tradition SA is one of the
world's leading interdealer brokers (IDB).The Group provides broking services
for a complete range of financial products (money market products, bonds,
interest rate, currency and credit derivatives, equities, equity derivatives,
interest rate futures and index futures) and non-financial products (energy and
environmental products, and precious metals).
Compagnie Financière Tradition (CFT) is listed on the SIX Swiss Exchange.For
more information on our Group, please visit our website at www.tradition.com.
Lausanne, 23 May 2013
Press contacts:
Compagnie Financière Tradition SA
Patrick Combes, Président
Tel. : +41 21 343 52 87
Voxia communication
Jérémy Nieckowski
Tel. : +41 22 591 22 65
Email : jeremy.nieckowski@voxia.ch
Compagnie Financiere Tradition:
http://hugin.info/133362/R/1704295/563528.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Compagnie Financière Tradition via Thomson Reuters ONE
[HUG#1704295]
http://www.traditiongroup.com
Compagnie Financière Tradition /
Compagnie Financière Tradition : Decision to increase share capital in
connection with a scrip dividend charged to capital reserves
. Verarbeitet und übermittelt durch Thomson Reuters ONE.
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
Press release
Decision to increase share capital in connection with a scrip dividend charged
to capital reserves
Shareholders at the Annual General Meeting of Compagnie Financière Tradition SA
held on 23 May 2013, in addition to approving the company and group annual
accounts, approved a dividend of CHF 2 per bearer share of CHF 2.50 nominal
value. The total dividend payment of CHF 12,979,272 will be charged to free
reserves.
Compagnie Financière Tradition shares will go ex-dividend on 27 May 2012.
The AGM decided that each shareholder could elect to receive this dividend in
cash or in new Compagnie Financière Tradition bearer shares (scrip dividend), in
accordance with and subject to the Board proposal published in the Swiss
Official Gazette of Commerce on 30 April 2013.
The election period runs from 27 May 2013 to noon on 3 June 2013 (CET).
The issue price of the new bearer shares is set at CHF 44; 22 No 15 coupons will
therefore be required to obtain one new share.
To enable payment of the dividend to shareholders who elect to receive new
shares, the AGM voted to increase the present share capital by an amount not
exceeding CHF 750,000, bringing the increased share capital to a maximum of CHF
16,974,090 by issuing up to 300,000 bearer shares with a nominal value of CHF
2.50 each. These shares will be fully paid up by conversion of the Company's
available equity. The new shares will carry dividend rights from the 2013
financial year.
The issue prospectus, within the meaning of Section 652a of the Swiss Code of
Obligations, will be published in the Swiss Official Gazette of Commerce on May
27, and on the Compagnie Financière Tradition SA website (www.tradition.com).
With a presence in 28 countries, Compagnie Financière Tradition SA is one of the
world's leading interdealer brokers (IDB).The Group provides broking services
for a complete range of financial products (money market products, bonds,
interest rate, currency and credit derivatives, equities, equity derivatives,
interest rate futures and index futures) and non-financial products (energy and
environmental products, and precious metals).
Compagnie Financière Tradition (CFT) is listed on the SIX Swiss Exchange.For
more information on our Group, please visit our website at www.tradition.com.
Lausanne, 23 May 2013
Press contacts:
Compagnie Financière Tradition SA
Patrick Combes, Président
Tel. : +41 21 343 52 87
Voxia communication
Jérémy Nieckowski
Tel. : +41 22 591 22 65
Email : jeremy.nieckowski@voxia.ch
Compagnie Financiere Tradition:
http://hugin.info/133362/R/1704295/563528.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Compagnie Financière Tradition via Thomson Reuters ONE
[HUG#1704295]
http://www.traditiongroup.com