Registration Document 2018 Rubis

Information about the Company and its capital
Dividends
7
7.3
Dividends
7.3.1 DIVIDEND PAID TO LIMITED PARTNERS
On June 11, 2019, the Company will propose
a dividend of €1.59 per ordinary share and
a dividend of €0.79 per preferred share
(2,740), a 6% increase compared with
the dividend paid for the 2017 fiscal year
(€1.50 per ordinary share and €0.75 per
preferred share issued).
Preferred shares are entitled to a dividend
equal to 50% of that paid for each ordinary
share (rounded down to the nearest euro
cent).
DIVIDENDS PAID TO SHAREHOLDERS OVER THE LAST FIVE YEARS
Date of distribution
Fiscal year
on which paid
Number of
shares affected
Net dividend paid
(in euros)
Total net amount paid
(in euros)
CSM 6/5/2014 2013 37,516,780 ordinary shares 1.95 73,157,721
CSM 6/5/2015 2014 38,889,996 ordinary shares 2.05 79,724,492
CSM 6/9/2016 2015 43,324,068 ordinary shares 2.42 104,844,245
CSM 6/8/2017 2016 45,605,599 ordinary shares 2.68 122,223,005
OSM 6/7/2018 2017 95,048,202 ordinary shares *
2,740 preferred shares * 1.50 *
0.75 * 142,572,303
2,055
* Following the two-for-one share split on July 28, 2017.
Dividends not claimed within five years from the date of their payment are forfeited and paid to the French Treasury.
7.3.2 DIVIDEND PAID TO GENERAL PARTNERS
2018 Registration Document Rubis
The dividend paid to General Partners is
calculated according to the formula set out
in Article 56 of the by-laws (see chapter 8,
section 8.1.9.2). It is equal to 3% of the overall
stock-market performance of the Rubis
shares during the relevant fiscal year and
capped at 10% of consolidated net income,
Group share for the year, before allowances
for amortization and provisions of intangible
assets, subject to the maximum amount
of distributable profit. This dividend is
reinvested in full by the General Partners in
Rubis shares, half of which must be held for a
three-year period.
The General Partners pay the dividend in
accordance with the provisions of the 1997
Shareholders’ Agreement.
In 2017, the dividend paid to the General
Partners amounted to €26,690,300.
In 2018, in the absence of a positive overall
stock-market performance of the Rubis share,
the General Partners received no dividend.
- 163 -