Results of the Option to Receive the Final Divi...
Results of the Option to Receive the Final Dividend for 2014 in Shares
Total
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) :
The Ordinary General Meeting held on May 29, 2015 approved the payment of an annual dividend for 2014 of €2.44 per share and the option for each shareholder to receive the final dividend of €0.61 per share in cash or in new shares of the Company.
The period for exercising the option ran from June 8, 2015 to June 22, 2015. At the end of the option period, 54% of rights were exercised in favor of receiving the payment for the final dividend for 2014 in shares.
18,609,466 new shares will be issued, representing 0.78% of the Company’s share capital on the basis of the share capital of May 31, 2015. The share price for the new shares to be issued as payment of the remaining dividend was set at €42.02 on May 29, 2015.
The settlement and delivery of the new shares as well as their admission to trading on the Euronext Paris will occur on July 1, 2015. The shares will carry immediate dividend rights and will be fully assimilated with existing shares already listed.
The total remaining cash dividend to be paid to shareholders who did not elect to receive the final dividend for 2014 in shares amounts to 666 million euros and the date for the payment in cash is set for July 1, 2015.
* * * * *
About Total
Total is a global integrated energy producer and provider, a leading international oil and gas company, and the world’s second-ranked solar energy operator with SunPower. Our 100,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits. total.com
TOTAL S.A.
Capital : 5 989 367 337,50 €
542 051 180
R.C.S. Nanterre
Total
Mike SANGSTER
Nicolas FUMEX
Patrick GUENKEL
Magali
PAILHE
Tel. : + 44 (0)207 719 7962
Fax : + 44 (0)207 719 7959
or
Robert
HAMMOND (U.S.), Tel. : +1 713-483-5070
Fax : +1 713-483-5629
or
2,
place Jean Millier
Arche Nord Coupole/Regnault
92 400
Courbevoie France
View source version on businesswire.com: http://www.businesswire.com/news/home/20150629006005/en/
Latest directors dealings
- 1 hour ago Tertiary Minerals
- 1 hour ago Hargreaves Services
- 14 hours ago ASOS
- 15 hours ago MJ Gleeson
- 15 hours ago Rolls-Royce Holdings