GL EVENTS (ISIN: FR0000066672 - TICKER: GLO) ANNOUNCES THE RESULTS OF THE OPTION GIVEN TO RECEIVE DIVIDENDS IN THE FORM OF SHARES FOR FISCAL 2017.

The option to receive stock dividends for 2017 was largely accepted by GL events shareholders: 87.5% of voting rights were exercised in favour receiving stock dividends at the end of the option exercise period from 13 May to 26 June inclusive.

The majority of the Group shareholders thus opted to reinvest this dividend in the company, highlighting their confidence in and support for the Group's development projects in France and international markets.

For the record, the annual general meeting of GL events of 24 May 2018 decided to pay a dividend for fiscal 2017 in the amount of €0.65 per share, with an option to receive payment of the dividend in the form of new shares of the Company.

The price of the new share remitted in payment for the dividend was set at €22.58 or a unit price equal to 90% of the weighted average price of the GL events share on Euronext Paris over the 20 trading days preceding the general meeting, less the net amount of the dividend per share.

This corporate action resulted in the creation of 583,519 new shares.

These new shares will be fungible and rank parri passu with existing shares and as such are issued with the same dividend rights, i.e. conferring a right to any payments distributed from the date of their grant.

NEXT PRESS RELEASE:
2018 FIRST-HALF REVENUE- 18 JULY 2018 (AFTER THE CLOSE OF TRADING)

Managing Director Corporate Finances and Administration : Erick ROSTAGNAT
Telephone : + 33 4 72 31 54 20
Fax : + 33 4 26 20 42 00
Email : infos.finance@gl-events.com

Code ISIN : FR0000066672
Code Bloomberg : GLO FP
Code Reuter : GLTN.PA
Code FTSE : 581
Code LEI : 9695002PXZMQNBPY2P44

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GL Events SA published this content on 03 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 July 2018 16:03:06 UTC