Obrascon Huarte Lain SA Approves Dividend, Payable on June 2, 2014; Announces Board Changes
May 12, 2014 at 05:28 pm
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Obrascon Huarte Lain SA announced that at the ordinary general shareholders meeting held on May 12, 2014 approved distribution and payment of a total gross dividend of 67,594,436.39 from the profits of the financial year ended, amounting to a gross dividend of 0.6777 per share for all shares issued to date. The dividend shall be paid on June 2, 2014 by means of the institutions approved by Iberclear(Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores S.A.U), the Spanish Stock Market Settlement Company.
The company announced that at the meeting also approved to ratify the appointment of Mr. Josep Pique Camps as Director of the Company for a period of 6 years, who was appointed on an interim basis by the Board of Directors to replace Mr. Francisco Marín Andrés with effect from October 1, 2013.
Obrascon Huarte Lain SA (OHL) is a Spain-based company engaged in the construction and engineering sectors. Its activities are structured into three segments: Concessions, Engineering and construction, as well as Development. The Concessions division focuses on the promotion, development and management of a range of transportation infrastructure, such as highways, railways, airports and ports. The Engineering and construction division comprises three business lines: Construction, which is responsible for building civil infrastructure; Industrial, which is involved in the construction, maintenance and operation of industrial plants, and Services, which includes cleaning and maintenance of buildings and public roads, waste management and green area conservation. The Development division promotes and manages tourist resorts and commercial centers. The Company, through its subsidiaries, is present in the Americas, Europe, Asia, Africa and Oceania. It is controlled by Grupo Villar Mir SAU.