Proposal for the Net Income distribution and Share Premium Reserve distribution (2017)


The Board of Directors, on February 24th, 2017 has resolved to propose to the Shareholders’ Meeting the distribution of the Euro 42.5 million Net Income as ordinary dividend for Euro 42.5 million, equal to Euro 0.218 per ordinary share, and to allocate to Retained Earnings the remaining balance.

The Board of Directors has also resolved to distribute, as extraordinary dividend (and jointly with the ordinary dividend, the “Dividend”), part of the share premium reserve for Euro 5.7 million, equal to Euro 0.029 per ordinary share. It is clarified that such dividend is not extraordinary if referred to the dividend policy of the Company and it has to be considered coherent with the distribution occurred in 2015 and 2016.

The Dividend will be payable on the 4th of May 2017, with coupon tender date on 2th of May 2017, and record date on 3rd of May 2017.


Historical Dividends 2015-2017

Payment Dividend (€)
2015 0.205
2016 0.230
2017 0.247