Tessenderlo Chemie NV Approves Dividend for the Year 2012; Appoints Véronique Bolland as Independent Director
June 04, 2013 at 09:01 am EDT
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Tessenderlo Chemie NV approved a net dividend of €1.00, corresponding to a gross dividend of €1.3333. In the context of the authorized capital, the Board of Directors decided 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 per share. Shareholders can make their choice of payment during a period from, June 11, 2013 until, 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.
The company appointed Ms Véronique Bolland as independent director, at the annual general meeting held on June 4, 2013.
Tessenderlo Group nv is a diversified industrial group. Net sales break down by activity as follows:
- sale of agrochemicals (37.7%): crop nutrients (liquid sulfur fertilizers, solid and soluble potassium sulfate fertilizers, etc.) and crop protection products;
- sale of animal by-products (30.9%): animal fats and proteins, gelatins, collagen peptides, etc.;
- sale of industrial products (28.3%): plastic pipe systems, PVC profiles, performance chemicals (ferric chloride, caustic soda, sodium hypochlorite, hydrochloric acid, sodium sulphide, hydrogen sulphide, calcium chloride, etc.), electrolysis products, specialty chemicals, etc. for the water treatment and transportation, construction, mining, food processing, oil and gas industries, etc.;
- power generation (3.1%).
Net sales are distributed geographically as follows: Belgium (9.1%), France (16.5%), the Netherlands (10.2%), the United Kingdom (4.9%), Spain (3.5%), Germany (3%), Poland (1.5%), Europe (6%), the United States (28.8%), Mexico (3.2%), China (0.7%) and other (12.6%).
TESSENDERLO GROUP NV 
