Red Electrica de España : The Company’s Board of Directors, on February 16th 2018, has proposed to the Annual General Meeting the allocation of a complementary dividend on 2017 annual results
February 19, 2018 at 06:51 am
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SPANISH SECURITIES MARKET COMMISSION
Área de Mercados
Edison, 4
28046 MADRID
Madrid, 19th February 2018
Dear Sir
Pursuant to the provisions of article 228 of the consolidated text of the Spanish Securities Market Act, please see the following event regarding Red Eléctrica Corporación, S.A:
The Company's Board of Directors, on February 16th 2018, has proposed to the Annual General Meeting the allocation of a complementary dividend on 2017 annual results, on the following terms:
• Type of Operation: Payment of gross complementary dividend
• ISIN Code: ES0173093024
• Payment Date: 2nd July 2018
• Record Date: 29th June 2018
• Ex-Date: 28th June 2018
• Gross interim dividend per share: 0.6639 Euros
The dividend will be paid according to the current regulation related to the Spanish Central Securities Depository (IBERCLEAR), being Banco Bilbao Vizcaya the agent on dividend payments, and it will be subject to the related withholding tax at the moment of payment.
Yours sincerely,
Signed. Teresa Quirós
Red Eléctrica Corporación SA published this content on 19 February 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 February 2018 06:50:04 UTC.
Redeia Corporacion S.A. (formerly Red Eléctrica Corporación, S.A.) specializes in electricity transmission services and operation of electric networks. Net sales (including intragroup) by activity break down as follows:
- management and operation of electrical networks (82.7%): owning, at the end of 2022, of a network of 45,019 km of high-voltage lines and over 600 substations. The group also offers consulting, engineering, construction and maintenance services. Spain accounts for 95.8% of net sales;
- management and operation of satellite telecommunications networks (11.2%);
- management and operation of fiber optic telecoms networks (4.8%);
- other (1.3%).
Net sales are distributed geographically as follows: Spain (88.9%), Europe (1.6%) and other (9.5%).
Red Electrica de España : The Company’s Board of Directors, on February 16th 2018, has proposed to the Annual General Meeting the allocation of a complementary dividend on 2017 annual results