Tessenderlo Group : Tessenderlo Group announces payment of 2012 dividend in shares and/or in cash and changes with respect to the Board of Directors Tessenderlo Group (NYSE Euronext: TESB)announced during the Annual General Meeting of shareholders held earlier today, that a gross dividend for the 2012 financial year was declared at 1.3333 EUR per share. The Board of Directors decided to offer shareholders a choice of payment conditions: the option of receiving a dividend in new shares at a price of 18.00 EUR per share, or in cash, or a combination of both.The Annual General Meeting also approved changes within the Board of Directors. 2012 dividendpaid in shares and/or in cash Today, the Annual General Meeting approved a net dividend of 1.00 EUR (coupon n° 76), corresponding to a gross dividend of 1.3333 EUR. In the context ofthe authorized capital, the Board of Directors decided to offer the choice of payment of the 2012 dividend in new shares, or in cash, or a combination of both. The price of these new shares was set at 18.00 EUR per share. Shareholders can make their choice of payment during a period from Tuesday, June 11 2013 until Friday, July 5 2013. The settlement in cash and/or the delivery of new shares will take place as from July 15 2013. The ex-dividend date is June 6 2013. A document explaining the practical details of the 2012 dividend payment will be made available on the group's website (www.tessenderlogroup.com) as from June 11 2013. For further information, shareholders should contact their banks from the same date. The financial service will be provided by ING Belgium with regard to the dematerialized and bearer shares, and by Belfius Bank with regard to the registered shares. Changes within the Board of Directors and appointment of new statutory auditor The Annual General Meeting approved theappointment of the following Directors as proposed by the Board of Directors, for a period of four years: Renewal of mandate: *Mr Frank Coenen (executive director) *Mr Antoine Gendry (non-executive director) New mandates: *Ms Véronique Bolland(independent director). MrBaudouin Michiels was appointed chairman of the audit committee. Mr Michiels will assume the chairmanship of the audit committee in replacement of Mr Croes. Mr Valère Croes, whose mandate of director came to an end at the Annual Shareholders' Meeting, did not request the renewal of his mandate. Cooptationof Mr Didier Trutt Following the acknowledgement of the resignation of Mr Guy de Gaulmyn with effect as from May 6 2013, the Board of Directors decided to coopt Mr Didier Trutt in replacement of Mr Guy de Gaulmyn. The confirmation of the appointment of Mr Trutt will be submitted to the first upcoming general shareholders' meeting. Appointment of the statutory auditor The Annual Shareholders' Meeting has appointed PricewaterhouseCoopers Reviseurs d'Entreprises/Bedrijfsrevisoren as statutory auditor for a period of three years, represented by Mr Peter Van den Eynde. For thecurriculum vitae of Ms Bolland and Mr Didier Trutt, please go towww.tessenderlogroup.com Tessenderlo Group - Governance - Board of Directors- Composition Tessenderlo Groupis a worldwide specialty company, focused on food, agriculture, water management and on valorizing bio-residuals. The group employs about 7,000 people and is a leader in most of its markets, with a consolidated revenue of 2.1 billion EUR in 2012. Tessenderlo Chemie NV is listed on NYSE Eurolist by Euronext Brussels and ispart of Next 150 and BEL Mid indices.Financial News wires: Bloomberg: TESB BB - Reuters: TesBt.BR - Datastream: B:Tes Media Relations Investor Relations Kathleen IWENS Philip LUDWIG +32 (0) 478 664 555 +32 2 639 16 58 Thispress releaseis available inDutch, French and Englishon the corporate website www.tessenderlogroup.com - under 'News & Media' Pour lire le communiqué de presse complet en Français, cliquez ici To read the full press release in English, click here Hier kan je het volledige bericht in het Nederlands lezen ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Tessenderlo Group via Thomson Reuters ONE HUG#1706887
Tessenderlo Group : Tessenderlo Group announces payment of 2012 dividend in shares and/or in cash and changes with respect to
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