Altri announced last week that it will be distributing a dividend of 10 cents per share and the payment of a share of the new listed company for every 55 shareholders of the paper mill.… 13 numbers in a new notice to CMVM, said that the start date of the distribution of these assets to shareholders it will be July 20th… It is today, in another press release, after his debut on the stock exchange, repeated this date.
Regarding the cash dividend – Greenvolt shares that Altri will distribute to shareholders – the company will distribute one share representing Greenvolt’s share capital for every 55 shares representing Altri’s share capital – a maximum of 3,750,000 shares (i.e. up to 5%) of Greenvolt …
The cash payment corresponds to 10 cents per share, representing Altri’s share capital, “which, in any event, will not exceed the maximum global amount of 20,513,167.20 euros”.
“For this purpose, the expected date of payment of the distribution is July 20, 2021, this payment depends on the actual admission of shares to trading on Euronext Lisbon,” says the document on the 13th of the company under the command of Jose Pina. …
This listing of Altri’s renewable energy subsidiary, headed by Manso Neto, took place yesterday, the 15th, at the close of the day for Greenvolt. trade at 4.80 euros, above 4.25 euros the one sold at the IPO reserved for qualified investors.
The distribution in physical and monetary terms has a “record date” of July 8, 2021 and, according to the papermaker, 17:00 (GMT, Interbolsa systems closing time) is used as a benchmark instead of 23:59 (GMT) earlier). mentioned.
Greenvolt ended today’s session losing 2.92% to 4.66 euros per share, still above the price at which they were sold on the IPO. Altri has already paid 2.38% for 5.1250 euros, this on Santander’s day has put the Portuguese company among the favorites in the pulp sector.
