Obrascon Huarte Lain SA Approves Distribution; Announces Board Changes
May 28, 2015 at 02:00 am
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Obrascon Huarte Lain SA announced that at the annual general meeting held on May 27, 2015, shareholders of the company approved the distribution and payment of a total gross dividend of EUR 35,038,992.92 charged against voluntary reserves, which represents a gross dividend of EUR 0.35 per outstanding share. The dividend will be distributed starting on June 5, 2015 though members of the Securities Registration, Clearance and Settlement System.
The meeting also approved the appointment of Ms. Reyes Calderón Cuadrado and Ms. Macarena Sainz de Vicuña y Primo de Rivera as directors of the company for a period of four years.
Obrascon Huarte Lain SA (OHL) is a Spain-based company engaged in the construction and engineering sectors. Its activities are structured into three segments: Concessions, Engineering and construction, as well as Development. The Concessions division focuses on the promotion, development and management of a range of transportation infrastructure, such as highways, railways, airports and ports. The Engineering and construction division comprises three business lines: Construction, which is responsible for building civil infrastructure; Industrial, which is involved in the construction, maintenance and operation of industrial plants, and Services, which includes cleaning and maintenance of buildings and public roads, waste management and green area conservation. The Development division promotes and manages tourist resorts and commercial centers. The Company, through its subsidiaries, is present in the Americas, Europe, Asia, Africa and Oceania. It is controlled by Grupo Villar Mir SAU.
OBRASCÓN HUARTE LAIN, S.A. 
