Aperam S.A. / Key word(s): Dividend
Aperam announces dividend payment schedule for 2020
05-Feb-2020 / 07:00 CET/CEST
Luxembourg, 5 February 2020 (07:00 CET) - Aperam announces its detailed
dividend payment schedule for 2020.
The Company proposes to maintain its base dividend at EUR 1.75/share,
subject to shareholders approval at the next Annual General Meeting to be
held on 5 May 2020.
The dividend payments would occur in four equal quarterly installments of
EUR 0.4375 (gross) per share in 2020 as described below in the detailed
dividend schedule.
Dividends are announced in Euros. Dividends are paid in Euros for shares
listed on the European Stock Exchanges (Amsterdam, Brussels, Paris,
Luxembourg). Dividends are paid in US dollars for shares traded in the
United States on the over-the-counter market in the form of New York
registry shares and converted from Euros to US dollars based on the European
Central Bank exchange rate at the date mentioned in the table below. A
Luxembourg withholding tax of 15% is applied on the gross dividend amounts.
Table: Detailed dividend schedule 2020
1st 2nd 3rd 4th
Quarterly Quarterly Quarterly Quarterly
Payment Payment Payment Payment
(interim)
Announcement date 26 February 12 May 11 August 9 November
2020 2020 2020 2020
Ex-Dividend 02 March 15 May 14 August 12
2020 2020 2020 November
2020
Record Date 03 March 18 May 17 August 13
2020 2020 2020 November
2020
Payment Date 26 March 12 June 11 9 December
2020 2020 September 2020
2020
FX Exchange rate 27 February 13 May 12 August 10
2020 2020 2020 November
2020
In order to benefit from exemption of Luxembourg dividend withholding tax at
source, an "Informative Memorandum" describing the procedure to obtain an
exemption at source of the Luxembourg dividend withholding tax is available
at the following:Link [1]
About Aperam
Aperam is a global player in stainless, electrical and specialty steel, with
customers in over 40 countries. The business is organised in three primary
operating segments: Stainless & Electrical Steel, Services & Solutions and
Alloys & Specialties.
Aperam has a flat Stainless and Electrical steel capacity of 2.5 million
tonnes in Brazil and Europe and is a leader in high value specialty
products. In addition to its industrial network, spread over six production
facilities in Brazil, Belgium and France, Aperam has a highly integrated
distribution, processing and services network and a unique capability to
produce stainless and special steels from low cost biomass (charcoal made
from its own FSC-certified forestry).
In 2019, Aperam had sales of EUR 4,240 million and steel shipments of 1.79
million tonnes.
For further information, please refer to our website at www.aperam.com
Contact
Corporate Communications / Laurent Beauloye: +352 27 36 27 103
Investor Relations / Thorsten Zimmermann: +352 27 36 27 304
Dissemination of a Financial Wire News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
968103 05-Feb-2020 CET/CEST
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=a661a6b4de563b1eac20dcdd6426ccd1&application_id=968103&site_id=vwd&application_name=news
(END) Dow Jones Newswires
February 05, 2020 01:00 ET (06:00 GMT)
