The shareholders will address the re-election of the executive director, Ignacio de Colmenares, and a new long-term incentive plan
MADRID, 2 May. (EUROPA PRESS) -
Ence's board of directors will propose to its general shareholders' meeting, which will be held this Friday, May 5, on second call, the distribution of a complementary dividend charged to the results of 2022, for an amount of 70 million euros, the equivalent of 0.29 euros gross per share.
The payment of this dividend will be made on May 18. In this sense, the last date on which the shares will be traded with the right to receive the dividend will be May 15, being from the 16th of that month when the company's shares are traded without the right to receive the dividend.
Ence has explained that this complementary dividend proposal, which is in line with its shareholder remuneration policy, responds to the company's strong cash generation and its low indebtedness.
In the same way, the company seeks to improve the efficiency of its balance sheet and advance its growth, diversification projects and other opportunities generated by decarbonization.
The shareholders will also address the re-election, at the proposal of the board of directors, of the executive director, Ignacio de Colmenares, for a period of three years from the approval of the agreement.
In addition, they will foreseeably examine and approve a new long-term incentive plan 2023-2027, which includes the delivery of company shares to some 84 potential beneficiaries, made up of the company's main executives and other key personnel with responsibilities to influence the success of strategic plans.
In this sense, the plan will be divided into three overlapping annual cycles of three years each and independent of each other, between the years 2023-2025, 2024-2026 and 2025-2027, respectively.
Specifically, the maximum number of shares that may be assigned in this plan is 8,637,532 ordinary shares of the company, representing 3.51% of the share capital, of which a maximum of 1,736,111 shares are addressed to the president and CEO of Ence.