The General Shareholders' Meeting of Kinepolis Group NV has today decided to pay out a gross dividend of 1.26 euro per share (0.945 euro net after deduction of 25% withholding taxes). The dividend will be paid out as from 27 May 2011 upon presentation of coupon 11 and subject to the relevant regulations for dematerialized shares and registered shares.The ex-dividend date is fixed at 24 May 2011 and the record date at 26 May 2011.
The Extraordinary General Meeting has today decided to reduce the company's share capital by an amount equal to 30,010,268.74 euro and consequently pay back the shareholders 4.33 euro per share. The payment of the capital reduction will take place after all legal formalities have been fulfilled (presumably during the month of August 2011) upon presentation of coupon 12 and subject to the relevant regulations for dematerialized shares and registered shares. The exact payment date will be confirmed by the Board of Directors.
The Board of Directors has been authorized, under certain conditions, to buy back a maximum of 1,108,924 own shares whereof 1,074,270 with a view to their cancellation and 34,654 own shares to cover new options.
KINEPOLIS GROUP NV
Public limited company that is making or has made a public appeal to savings
Eeuwfeestlaan 20, 1020 Brussels
Enterprise Number VAT BE 0415.928.179