Lafarge's Board of Directors has decided to fix the proposed 2015 ordinary dividend at EUR1.27 per share, the company announced in a statement.
This adjustment aims at equalising dividends to be paid by Lafarge and Holcim based on the dividend
announced today by Holcim in accordance with the Combination Agreement between Lafarge and Holcim signed on 7 July 2014.
In the context of the planned merger, the Board of Directors also decided to propose an acceleration of the payment date of the Lafarge dividend compared to past practice, with a proposed ex-dividend date of 8 May 2015 and a payment date on 12 May 2015.
These proposals are subject to the approval by the Lafarge Annual General Meeting to be held on 7 May 2015.
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