NEUILLY SUR SEINE, FRANCE--(Marketwire - June 21, 2010) - Ingenico: Implementation of one- for-twenty bonus share allocation
Neuilly sur Seine, June 21, 2010 - Ingenico (Euronext: FR0000125346 - ING) the leading worldwide provider of payment solutions, today discloses the main characteristics of the implementation of bonus share allocation announced on May 11 2010. The Board of Directors decided on May 11 the increase of the company's share capital by incorporation of reserves, benefits or premiums by free allotment of shares on the basis of one new share for twenty existing shares.- The allocation operations will begin on July 30, 2010
- All shares acquired before July 30, 2010 will qualify for this allocation.
- The new shares will carry rights as of January 1, 2010.
- The new shares can be registered or bearer, at the shareholder's choice.
- Allocation rights are non-negotiable
Each shareholder will receive without charge a whole number of shares on the basis of one new share for every twenty held on July 29, 2010.
Shares corresponding to the bonus allocation rights of fractional shares will be put on the market and Ingenico will pay negotiation expenses.
Settlement of fractional shares will be made in cash in the 30 days following inscription on the shareholder's account of the whole number of new shares allocated.
Examples
1) A shareholder who has 25 shares will automatically receive 1 new share (1 new share for 20 existing shares) and will be compensated on the basis of the fraction of the new share that corresponds to the 5 remaining shares that constitute fractional shares.
2) A shareholder possessing 15 shares will be compensated on the basis of the fraction of the new share that corresponds to the 15 shares constituting fractional shares.
About Ingenico (Euronext: FR0000125346 - ING)
Ingenico is a leading provider of payment solutions, with over 15 million terminals deployed in more than 125 countries. Its 2,850 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sales revenue. More information on www.ingenico.com.
