Distribution of an exceptional scrip dividend by LafargeHolcim Ltd

09.03.2015
 

Following the successful completion of the merger to create LafargeHolcim, an exceptional scrip dividend of one new LafargeHolcim Ltd share for every twenty existing LafargeHolcim Ltd shares shall be distributed to all LafargeHolcim Ltd shareholders as announced earlier.

At the Extraordinary General Meeting on May 8, 2015, the Group’s shareholders voted in favor of an authorized share capital increase based on which the distribution of the scrip dividend is authorized.

The last date to trade LafargeHolcim Ltd shares “cum” scrip dividend will be Monday, September 7, 2015. As of Tuesday, September 8, 2015, LafargeHolcim Ltd shares will trade “ex” scrip dividend. The settlement and delivery of the newly issued shares will occur as from September 10, 2015.

No fractional LafargeHolcim Ltd shares will be issued. As a consequence, shareholders entitled to receive a number of LafargeHolcim Ltd shares not corresponding to a whole number will receive the rounded-down whole number of LafargeHolcim Ltd shares and the balance will be paid in cash.

An application has been made for admission of the new LafargeHolcim Ltd shares to trading on the SIX Swiss Exchange in Zurich and on Euronext Paris. The newly issued shares of LafargeHolcim Ltd will carry the same rights and obligations as the existing LafargeHolcim Ltd shares and will be fully assimilated with them.

For the purpose of the scrip dividend, 28,870,252 new LafargeHolcim Ltd shares, representing 5 percent of the LafargeHolcim Ltd share capital and voting rights as of September 3, 2015, will be issued.

Timetable

September 7, 2015

Cum date

September 8, 2015

Ex date

As from September 10, 2015

Delivery of the new LafargeHolcim Ltd shares

As from September 16, 2015

Payment of fractional amounts in cash

About LafargeHolcim

With a well-balanced presence in 90 countries and a focus on Cement, Aggregates and Concrete, LafargeHolcim (SIX Swiss Exchange, Euronext Paris: LHN) is the world leader in the building materials industry. The Group has 115,000 employees around the world and combined net sales of CHF 33 billion (EUR 27 billion) in 2014. LafargeHolcim is the industry benchmark in R&D and serves from the individual homebuilder to the largest and most complex project with the widest range of value-adding products, innovative services and comprehensive building solutions. With a commitment to drive sustainable solutions for better building and infrastructure and to contribute to a higher quality of life, the Group is best positioned to meet the challenges of increasing urbanization.

Disclaimer

This press release constitutes the information document required pursuant to articles 212-4 4° and 212-5 5° of the general regulations of the French Financial Market Authority (the “AMF”) and article 13 and annex III of the AMF Instruction n°2005-11 dated 13 December 2005, as amended. This press release does not constitute an offer to purchase securities. This press release and any other document relating to the distribution of the scrip dividend may only be distributed or disseminated outside of Switzerland and France in compliance with applicable laws and regulations and shall not constitute an offer for securities in any jurisdiction where such an offer would infringe applicable laws and regulations.
Shareholders should perform the formalities required by applicable laws in their jurisdiction. In case of any question regarding the content of this press release, shareholders are invited to consult their own counsel.
In certain jurisdictions, the scrip dividend may have tax implications for shareholders. Shareholders are recommended to seek the advice of their legal, financial or tax adviser regarding the tax consequences of the allocation of the new LafargeHolcim Ltd shares in relation to the scrip dividend.
 

Documents

  • Media release – English (pdf, 66.47 KB)
  • Media release – German (pdf, 67.53 KB)
  • Media release – French (pdf, 67.64 KB)