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2017-11-21 17:45 CET
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COIL : Special dividend of €0.50 per share to be paid out on November 28, 2017

Special dividend of €0.50 per share
to be paid out on November 28, 2017

Brussels, November 21, 2017 (5:45pm) - During their general meeting today, COIL's shareholders approved the payment of a special dividend of €0.50 per share for 2017.

The ex-dividend date has been set for Friday November 24, 2017, with the dividend to be released for payment on Tuesday November 28, 2017.

This first cash dividend paid out by COIL since it was founded confirms the company's good financial health, against a backdrop of investments returning to standard levels in 2018. This initiative marks the start of a policy for regular dividends.

COIL is the world's largest architectural and industrial anodiser.

 

Anodising is an electrochemical process - electrolysis - that develops a natural and protective exterior layer on aluminium that can be coloured, providing exceptional corrosion protection and/or increased functionality for the metal.

 

Anodising preserves all the natural and ecological properties of aluminium - it retains its high strength-to-weight ratio, non-magnetic properties and exceptional corrosion resistance without any impact on the total and repeated recyclability of the metal.

 

Anodised aluminium is used across a wide range of architectural, designer, industrial and automotive applications.  
Euronext Growth Paris
ISIN: BE0160342011 - ALCOI
Reuters: ALCOI.PA
Bloomberg: ALCOI:FP
www.coil.be


COIL
Tim Hutton
Chief Executive Officer
tim.hutton@coil.be
Tel: +32 (0)11 88 01 88

 

CALYPTUS
Cyril Combe
cyril.combe@calyptus.net
Tel: +33 (0)1 53 65 68 68
HUG#2151182