17.06.2013 18:00:00 CET

TOUAX : Implementation of free shares distribution

PRESS RELEASE
Paris, 17 June 2013 - 6 pm

 
TOUAX
YOUR OPERATIONAL LEASING SOLUTION

Implementation of free shares distribution

The General Meeting of TOUAX shareholders which took place on 11 June 2013, approved the resolution regarding the distribution of 1 new share for every 40 shares held. Consequently, under the terms of this operation, 143 506 new shares will be created. After this operation, the company's equity capital will amount 47 070 184 euros.

The calendar for this operation is as follows:

14 June 2013 Publication of notice of the operation in the French Bulletin of mandatory legal notices (Bulletin des Annonces Légales Obligatoires - BALO).
june 18, 2013 Start of the allocation operations

Stripping of the non-transferrable attribution rights by Euroclear France.
18 June to 3 July 2013 Allocation of stock dividends on the basis of one per 40 shares held, resulting in the creation of 143 506 new shares.

Closing date for the submission to the paying agent of the rights applications by the financial intermediaries
4-11 July 2013 Sale on the market of shares equating to fractional rights.
17 July 2013 Pro rata indemnification of the holders of fractional shares.

The new shares will be assimilated into the existing shares from the date on which they are created, given that a double voting right will attach, from their issue date, to the registered stock dividend shares allocated pro rata to the existing shareholders.

The General Meeting also approved the distribution of a dividend of €0.5 per share, which had already been paid in January 2013. No other dividends would be paid.

The TOUAX Group provides its operational leasing services to a global customer base, both for its own account and on behalf of investors. TOUAX is the European leader in shipping containers and river barges, and no. 2 in modular buildings and freight railcars (intermodal railcars). TOUAX is well positioned to take advantage of the rapid growth in corporate outsourcing of nonstrategic assets and offers efficient and flexible leasing solutions to more than 5,000 customers daily.

TOUAX is listed in Paris on NYSE EURONEXT - Euronext Paris Compartment C (Code ISIN FR0000033003) and on the CAC® Small and CAC® Mid & Small indexes and in SRD Long-only.
Contacts:

TOUAX
Fabrice & Raphaël Walewski
Managing partners
touax@touax.com
Tel: +33 (0)1 46 96 18 00

ACTIFIN
Ghislaine Gasparetto
ggasparetto@actifin.fr
Tel: +33 (0)1 55 88 11 11

 

implementation of free shares distribution