Outcome of Solvay’s General Shareholders' Meeting
Brussels, May 10, 2016 --- Solvay today held its General Shareholders Meeting at The Square – Brussels Meeting Center.
Shareholders voted in favor of all the resolutions proposed. More specifically, the shareholders approved the payment of a gross dividend of € 3.30 per share for the fiscal year 2015, a rise of 3.3 percent compared to the previous year*. After deduction of the prepayment made on January 21, 2016 of € 1.36 gross per share, the balance of the gross dividend amounts to € 1.94 gross per share, payable on May 17, 2016.
Details of the resolutions and voting results as well as a replay of the shareholder meeting are available on Solvay’s website, Investors section.
* Historical 2014 dividend was at € 3.40 gross per share or at € 3.20 after adjusting for a factor of 0.9398 following Solvay's rights issue completed on December 21, 2015.
An international chemical and advanced materials company, Solvay assists its customers in innovating, developing and delivering high-value, sustainable products and solutions which consume less energy and reduce CO2 emissions, optimize the use of resources and improve the quality of life. Solvay serves diversified global end markets, including automotive and aerospace, consumer goods and healthcare, energy and environment, electricity and electronics, building and construction as well as industrial applications. Solvay is headquartered in Brussels with about 30,900 employees spread across 53 countries. It generated pro forma net sales of € 12.4 bn in 2015, with 90% made from activities where it ranks among the world’s top 3 players. Solvay SA (SOLB.BE) is listed on Euronext in Brussels and Paris (Bloomberg: SOLB:BB - Reuters: SOLB.BR).