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Shareholders holding their shares in the registered (pure or administered) form for more than two full calendar years benefit from the loyalty bonus. With the loyalty bonus, the amount of dividends is increased by 10% (Provision limited to 0.5% of the capital for a single shareholder, at the closing date of the previous financial year).
Shareholders' combined meeting 24 may 2011 decides to amend article 24 (Allocation of financial results) of the bylaws of the Company as follows:
" ...
2. Any shareholder who, at the end of the financial year, has held registered shares for at least two years and still holds them at the date of payment of the dividend in respect of this financial year, shall receive in respect of such shares a bonus equal to 10% of the dividend paid for the other shares, including any dividend which is paid in new shares. Where applicable, the increased dividend will be rounded down to the nearest cent. New shares thus issued shall rank pari passu with the existing shares in respect of which they were issued, for the purpose of calculating the rights to bonus dividend and increased distributions.
Similarly, any shareholder who, at the end of the financial year, has held such registered shares for at least two years and still holds them at the issuance date of a share capital increase by way of capitalization of reserves, profits or premiums that gives rise to bonus shares distribution, shall receive additional bonus shares equal to 10% of the number distributed, rounded down to the nearest whole number in case of fractions.
The number of shares giving entitlement to such increases may not exceed 0.5% of the share capital per shareholder as at the end of the relevant financial year.
In the event of a dividend payment in shares or bonus shares distribution, any additional shares shall rank pari passu with the shares previously held by the shareholder for the purpose of determining any bonus dividend or bonus shares distribution. However, in the event of fractions:
The provisions of this paragraph shall apply for the first time to the payment of the dividend to be distributed in respect of the financial year ending on 31 December 2013, determined by the ordinary shareholders' meeting to be held in 2014."
(Source Guide to the General Shareholders' Meeting - Convening notice - p.19-20)
The remaining dividend to be paid is €0.58 per share given the payment of the interim dividend of €0.57 per share that was decided by the Board of Directors on 22 November 2011.
EDF's Board of Directors, meeting on November 22, 2011, decided to pay an interim dividend for 2011 Fiscal Year.
It amounts to € 0.57 per share, which represents half of the total dividend paid for 2010. EDF confirms its objective of stable dividend for 2011.
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