Nov 29 (Reuters) - Metrovacesa SA MVC.MC :
* BOARD RESOLVES TO SET TERMS OF PAYMENT OF THE DIVIDEND,
WHICH
WILL AMOUNT TO A GROSS AMOUNT OF € 1.05 PER SHARE
* DIVIDEND SHALL BE DISTRIBUTED ON OPTIONAL BASIS TO
SHAREHOLDERS
(OPTIONAL DIVIDEND), I.E. ACCORDING TO THEIR PREFERENCES, IN
WHOLE OR IN PART
* OPTIONAL DIVIDEND ALLOWS METROVACESA'S SHAREHOLDERS TO
OPT, IN
WHOLE OR IN PART, BETWEEN RECEIVING OPTIONAL DIVIDEND IN KIND
AND/OR OPTIONAL DIVIDEND IN CASH
* PERIOD WHEN SHAREHOLDERS MAY ELECT TO RECEIVE OPTIONAL
DIVIDEND
IN CASH WILL COMMENCE ON DEC 2 AND END ON DEC 15, BOTH INCLUSIVE
* PAYMENT DATE: NO LATER THAN DECEMBER 29
* AFTER DISTRIBUTION OF OPTIONAL DIVIDEND, NET ASSETS OF
COMPANY
WILL CONTINUE TO EXCEED ITS SHARE CAPITAL
Source text for Eikon: ID:nCNMXqqgK
Further company coverage: MVC.MC
(Gdansk Newsroom)
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