For the financial year ended 31 December 2023, Eurocommercial’s shareholders representing
18.6% of the issued share capital have opted to receive a stock dividend instead of an interim cash
dividend of €0.64 per share, in accordance with the terms and conditions set by Eurocommercial
and disclosed to the market by Eurocommercial on 8 January 2024. As a result of this take up the
Company issued 267,684 new shares at an issue price of €23.68 for each new share. Accordingly,
of the available dividend of € 34.1 million, an amount of €6.3 million was not paid out in cash.
As a result of the above, on 30 January 2024 Eurocommercial issued, from the Company’s fiscal
share premium reserve, and delivered to the shareholders opting for stock dividend 267,684 new
shares. The subscribed and paid-up share capital of Eurocommercial was therefore increased from
€537,816,910 (composed of 53,781,691 shares with a nominal value of €10.00 per share) to
€540,493,750 (composed of 54,049,375 shares with a nominal of €10.00 per share).
The table below describes the current and previous composition of Eurcommercial’s issued share
capital.
Current share capital Previous share capital Change
Euro no. Shares
Nominal
value
(each)
Euro no. Shares
Nominal
value
(each)
Euro no. Shares
Nominal
value
(each)
Total,
of which:
540,493,750 54,049,375 € 10.00 537,816,910 53,781,691 € 10.00 2,676,840 267,684 € 10.00
shares (regular
entitlement; current
coupon number:
n.a.)
540,493,750 54,049,375 € 10.00 537,816,910 53,781,691 € 10.00 2,676,840 267,684 € 10.00
After deducting the 506,924 shares bought back in the previous years and currently held in treasury,
the new number of issued shares with third parties is 53,542,451.
Amsterdam, 30 January 2024

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