Compagnie Financière Tradition:Share issue price to be proposed at the Annual General Meeting on 10 May 2012:
Compagnie Financière Tradition / Compagnie Financière Tradition:Share issue price to be proposed at the Annual General Meeting on 10 May 2012: . Verarbeitet und übermittelt durch Thomson Reuters ONE. Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
Share issue price to be proposed at the Annual General Meeting
on 10 May 2012
In accordance with and subject to the terms of the proposal of the Board of Directors, published in the Swiss Official Gazette of Commerce of 19 April 2012 in connection with the Compagnie Financière Tradition SA Annual General Meeting, to be held on 10 May 2012 at 3.00 pm to approve the company and group accounts for the 2011 financial year, the Board has proposed a dividend of CHF 4 per bearer share.
The Board has proposed to give each shareholder the option of receiving this dividend in cash or in new Compagnie Financière Tradition bearer shares (scrip dividend).
To enable payment of this scrip dividend, the Board will seek shareholder approval to increase the share capital, with an issue price set at CHF 60 per share, calculated in accordance with the method described in the notice of the above meeting (available on the Company's website: www.tradition.com).
With a presence in 27 countries, Compagnie Financière Tradition SA is one of the world's leading interdealer brokers (IDB). The Group provides broking services for a complete range of financial products (money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and non-financial products (energy and environmental products, and precious metals).
Compagnie Financière Tradition (CFT) is listed on the SIX Swiss Exchange. For more information on our Group, please visit our website at www.viel.com.
Lausanne, 10 May 2012
Press contacts:
Compagnie Financière Tradition SA Rochat & Partners
Patrick Combes, President Philippe Dunant
Tel.: +41 21 343 52 87 Tel.: +41 22 718 37 42
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Compagnie Financière Tradition via Thomson Reuters ONE
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Compagnie Financière Tradition
Langallerie 11 Lausanne Schweiz
WKN: 870121;ISIN: CH0014345117;
Notiert: Freiverkehr in Börse Stuttgart,
Freiverkehr in Börse Berlin,
Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
Relevante Links: Compagnie Financière Tradition S.A.