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Braas Monier Building Group S.A.: Implementation of Capital Increase from Reserves and Declaration of Interim Dividend

Braas Monier Building Group S.A. / Key word(s): Capital Increase/Dividend
20-Dec-2016 / 16:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Implementation of Capital Increase from Reserves and Declaration of Interim Dividend

Luxembourg, 20 December 2016. In accordance with the Business Combination Agreement signed by Braas Monier Building Group S.A. ("Braas Monier"), Standard Industries, Inc. and Marsella Holdings S.à r.l. (together the "Parties") on 18 December 2016 and following the agreed settlement of the litigation in Luxembourg by the Parties yesterday, the Board of Directors (the "Board") of Braas Monier today approved a resolution to issue 3,916,666 new ordinary bearer shares with a par value of EUR 0.01 each and carrying dividend rights as from 1 January 2016 (the "New Shares") from a capital increase by incorporation of reserves making use of the authorized share capital of Braas Monier. The capital increase has become effective upon the passing of the resolution. The share capital of Braas Monier now amounts to EUR 430,833.33 and is divided into 43,083,333 ordinary bearer shares with a par value of EUR 0.01.

Today, the Board also approved a resolution to distribute an interim dividend for the financial year ending on 31 December 2016 of EUR 0.64 per share (43,083,333 currently held and New Shares).

The reference date for the allocation of New Shares is 27 December 2016. The shareholders of Braas Monier are entitled to New Shares of ISIN LU1075065190 in a ratio of 10:1 based on their previous shareholding according to ISIN LU1075065190 and ISIN LU1498426326 after the close of markets on 27 December 2016 such that one (1) New Share is allocated to each ten (10) old shares. Since all shares of Braas Monier are held in collective custody, shareholders are not required to take any action with regard to the allocation. The New Shares will be allocated to eligible shareholders by security deposit credit. The New Shares will be given the same ISIN as the untendered old shares (ISIN LU1075065190).
The admission to trading of the New Shares on the regulated market segment of the Frankfurt Stock Exchange (Prime Standard) is expected to take place on 27 December 2016. Stock exchange trading of the New Shares is planned to commence on 28 December 2016. The listing of shares of Braas Monier will be deemed to be "ex New Shares" as of the same day.

Some shareholders may not receive a full number of New Shares, but fractions of New Shares. Any New Shares that cannot be allocated to a single shareholder, will be sold and the proceeds will be credited proportionately to those shareholders holding the fractions.
The reference date for the interim dividend is 28 December 2016. The listing of shares of Braas Monier will be deemed to be "ex dividend" as of 29 December 2016. Braas Monier intends to pay the interim dividend on 5 January 2017.

Achim Schreck 
Director Group Communications / Investor Relations Braas Monier Building Group

Tel: +49 6171 61 28 59

20-Dec-2016 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at

   Language:    English
   Company:     Braas Monier Building Group S.A.
                4, rue Lou Hemmer
                1748 Senningerberg
                Grand Duchy of Luxembourg
   ISIN:        LU1075065190, LU1498426326
   WKN:         BMSA01, BMSA02
   Indices:     SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich,                 Stuttgart, Tradegate Exchange

     End of Announcement    DGAP News Service