Wednesday, December 19, 2012
PPR announces the payment of an interim dividend for the 2012 financial year
Following the announcement of the project of demerger and flotation of Fnac on 9 October this year, the PPR annual general meeting (AGM) will be convened to vote on the accounts for the financial year ending 31 December 2012 and on the distribution of Fnac shares on 18 June 2013.
Given this delayed date, the board of directors of PPR has decided to distribute an interim dividend of €1.50 per share for the financial year 2012. This interim dividend will be paid on Thursday 24 January 2013. The ex-dividend date will be Monday 21 January 2013 in the morning. The last trading day with interim dividend rights is Friday 18 January 2013.
The balance of the dividend for the financial year 2012 will be decided by the board of directors on 14 February 2013 and put to the vote at the next AGM.
The PPR Group empowers a coherent ensemble of Luxury and Sport & Lifestyle premium brands, specializing in apparel and accessories, to reach their full growth potential. Distributed in more than 120 countries, PPR generated revenues of €12.2 billion in 2011 and had over 47,000 employees at year end. The PPR share is listed on Euronext Paris (FR 0000121485, PRTP.PA, PPFP).
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Alexandre de Brettes
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