9th May 2011 16:13
Grupo Clarín S.A. announces payment of Cash Dividends
On 9 May 2011, Grupo Clarín S.A. (the "Company") informed the Buenos Aires Stock Exchange that pursuant to the resolutions passed by the Shareholders Meeting held on April 28, 2011, the payment of the dividend will be made starting on May 17, 2011 in the amount of AR$ 120,000,000 (Argentine Pesos one hundred and twenty Million). The amount to be distributed is in the equivalent to AR$ 0.4175 per share or AR$0.8350 per GDS.
In the case of GDS holders, the record date has been set on May 16, 2011 and payment is expected to occur on May 24, 2011, through the Depositary, JP Morgan Chase N.A.
For holders of common stock, payment will be available starting on May 17, 2011 through Caja de Valores S.A., 25 de Mayo street, 362, Ciudad Autonoma de Buenos Aires, Argentina, in compliance with applicable laws and regulations.
Enquiries:
In Buenos Aires:
Alfredo Marin/Agustin Medina Manson
Grupo Clarín
Email: [email protected]
In London:
Alex Money/Lorna Ellen
Temple Bar Advisory
Tel: +44 20 7002 1080
Email: [email protected]
In New York:
Melanie Carpenter/Peter Majeski
I-advize Corporate Communications
Tel: +1 212 406 3692
Email: [email protected]
Related Shares:
GCLA.L