Financial Press Release

88% of the 2019 dividend paid in shares

The option for the payment of the dividend in shares decided by the Shareholders’ General Meeting of Imerys on May 4, 2020 resulted in the exercise of 88.1% of the rights in favor of a payment in shares, which corresponds to a capital increase (premium included) of €119.8 million. This dividend distribution rate in shares will give rise to the creation of 5,671,940 new shares, representing an increase of 7.15% of the share capital and of 4.49% of the voting rights on the basis of the share capital as of May 31, 2020 (i.e. 79,343,115 existing shares and 126,235,398 (net) voting rights). The payment of the dividend in cash represents a total amount of €16.1 million.

The delivery and admission to trading on the Euronext Paris market of the new ordinary shares of the Company remitted in payment of the dividend as well as the payment of the dividend in cash will take place on June 12, 2020.

The new shares, which will carry right to immediate enjoyment, will be fully assimilated, as from their issue, to the existing ordinary shares of the Company which are already admitted to trading on the Euronext Paris market.

The Shareholders’ General Meeting of Imerys on May 4, 2020 fixed the amount of the dividend for the 2019 financial year at €1.72 per share and decided that this dividend could, at the choice of the shareholder, be received either in cash and/or in shares. The issue price of the new share remitted as payment of the dividend was set at €21.12, corresponding to 95% of the average market price at the opening on the regulated market of Euronext Paris during the 20 trading sessions preceding the date of the Shareholders' General Meeting of May 4, 2020 reduced by the net amount of the dividend, this price being rounded up to the nearest euro cent. The exercise period for the option for a payment of all or part of the dividend in shares, opened on May 19, 2020, ended on June 8, 2020.

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The world leader in mineral-based specialty solutions for industry​, with €4.4 billion revenue and 16,300 employees, Imerys delivers high value-added, functional solutions to diversified set of industrial sectors, from processing industries to consumer goods. The Group draws on its knowledge of applications, technological expertise and its material science know-how to deliver solutions based on beneficiation of its mineral resources, synthetic minerals and formulations. These contribute essential properties to customers’ products and performance, including refractoriness, hardness, conductivity, opacity, durability, purity, lightness, filtration, absorption and repellency. Imerys is determined to develop responsibly, in particular by fostering the emergence of environmentally-friendly products and processes.

Analysts/Investor Relations: 
Vincent Gouley: +33 (0)1 49 55 64 69
finance@Imerys.com

Press Contacts:
Claire Lauvernier: +33 (0)1 49 55 66 65
Hugues Schmitt (DGM Conseil): +33 (0)1 40 70 11 89