The shareholders of Albioma held their Annual General Meeting on 24 May 2016. 934 shareholders were present, represented or voted by post, accounting for more than 56% of the capital.
All of the resolutions put to the meeting were adopted. Results of voting and detailed information on the quorum are available on the Company's website: www.albioma.com.
The shareholders approved the distribution of a dividend of €0.57 per share. For the first time, this dividend will be increased by 10% in line with the Group's loyalty programme for all shareholders who have held their shares in registered form without interruption since 1 January 2014 (giving them a dividend of €0.62, capped at 0.5% of the capital).
Shareholders are granted the option, to be exercised between 1 and 22 June 2016, to receive payment of 50% of the dividend in new shares issued at a unit price of €12.21. The remainder of the dividend will be paid in cash. The dividend will be paid and the newly issued shares will be delivered on 4 July 2016.
Next on the agenda: 2016 half-year results, on 26 July 2016 (after trading).
About Albioma
Albioma is an independent energy producer and world leader in the conversion of biomass into a highly-effective source of energy, in collaboration with its agri-business partners. For more than 20 years, Albioma has operated power plants recovering bagasse, a fibrous by-product of sugar cane, replaced by coal outside the sugar cane harvest. Its unique expertise has enabled Albioma to establish itself as an indispensable partner in the sugar and ethanol industry in the French overseas territories and Mauritius. Albioma is now developing power plants using only biomass, which recover, in addition to bagasse, green waste and wood industry residue. The Group also operates a highly-efficient photovoltaic installation and agricultural anaerobic digestion units. In 2014, the Group, which already had a presence in mainland France, the French overseas territories and Mauritius, began operating in Brazil, the world's leading sugar cane producer.
For further information, please visit www.albioma.com
Investor contacts
Julien Gauthierjulien.gauthier@albioma.com
+33 (0)1 47 76 67 00
Media contacts - LPM Strategic Communications
Luc Perinet-Marquetlperinet@lpm-corporate.com
+33 (0)1 44 50 40 35
Albioma shares are listed on Euronext Paris (sub B) and eligible for the deferred settlement service (SRD) and PEA-PME plans.
ISIN FR0000060402 - Ticker: ABIO
