Brussels, Belgium, May 22, 2014 (GLOBE NEWSWIRE) -- Delhaize Group (Euronext Brussels: DELB, NYSE: DEG), the Belgian international food retailer, announced today that during its Ordinary Shareholders Meeting its shareholders approved the annual accounts for fiscal year 2013 and the distribution of a €1.56 gross dividend per share. After deduction of a 25% withholding tax, this results in a net dividend of €1.17 per share.
The 2013 dividend will become payable to owners of ordinary shares against coupon no. 52. The Delhaize Group shares will start trading ex-coupon on May 28, 2014 (opening of the market). The record date (i.e. the date at which shareholders are entitled to the dividend) is May 30, 2014 (closing of the market) and the dividend will be payable as from June 2, 2014. The ADR dividend record date is May 30, 2014 and the payment of the dividend to Delhaize Group's ADR holders will be made through Citibank beginning on June 5, 2014.
During the Shareholders Meeting, Delhaize Group's President and Chief Executive Officer, Frans Muller, confirmed its previously announced intentions for 2014 to spend €625 million in capital expenditures at identical exchange rates and to open 180 stores.
The shareholders approved the appointment of Mr. Johnny Thijs as independent director for a term of three years.
The speeches and presentations, the minutes of the Meeting and the results of the votes will be made available on the Delhaize Group website (www.delhaizegroup.com) in the coming days.
» Delhaize Group
Delhaize Group is a Belgian international food retailer present in nine countries on three continents. At the end of the first quarter of 2014, Delhaize Group's sales network consisted of 3 520 stores. In 2013, Delhaize Group posted €20.9 billion ($27.8 billion) in revenues and €179 million ($237 million) in net profit (Group share). At the end of 2013, Delhaize Group employed approximately 160 000 people. Delhaize Group's stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).
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