Brief: Ter Beke Reinforces Equity By 3.6 Million Euros

Whats Cooking NV

02/07/2020 16:55

July 2 (Reuters) - TER BEKE NV  TERB.BR :
    * 74.02% OF THE SHAREHOLDERS OPT FOR SHARES
    * REINFORCEMENT OF EQUITY BY EUR 3,590,776.00
    * CAPITAL INCREASE CAUSES DEBT RATIO TO DECREASE BY AROUND
0.8%
COMPARED TO 100% CASH DIVIDEND PAYMENT
    * WILL USE THE FUNDS NOT PAID IN CASH TO POSSIBLY CARRY OUT
ADDITIONAL DEBT-FINANCED TRANSACTIONS IN THE FUTURE
    * ACTUAL SETTLEMENT OF DIVIDEND PAYMENT WILL TAKE PLACE ON
JULY 6,
2020
    * THE NEWLY CREATED SHARES WILL BE LISTED FROM JULY 6, 2020
AND
WILL BE TRADABLE ON EURONEXT BRUSSELS FROM THEN ON
    * THE NEW SHARES PARTICIPATE IN TER BEKE'S RESULTS WITH
EFFECT
FROM 1 JANUARY 2020 (FIRST DIVIDEND PAYABLE IN 2021)

Source text: https://bit.ly/2VHT4eJ
Further company coverage:  TERB.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))