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Exceptional distribution in kind of shares of Hermès International
25/11/14, 16:50

LVMH General Meeting of November 25, 2014 - Exceptional distribution in kind of shares of Hermès InternationalAt the combined general meeting of LVMH Moët Hennessy-Louis Vuitton held today, the shareholders have approved the exceptional distribution in kind offering two (2) Hermès shares for forty-one (41) LVMH shares held (the « Distribution in Kind »).

The amount of the Distribution in Kind attributed to each LVMH share will, from a tax standpoint, be qualified as (i) a distribution of income up to and including an amount corresponding to an Hermès.
Shareholders should refer to the Press Release and seek advice from their usual tax advisor on the tax consequences of such qualification on their particular circumstances.

 


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Categoria: Biblioteca Angel News | Adicionado por : netoangel | Tags: November, General Meeting, Hermès International, Kind, LVMH, Distribution, Exceptional, SHARES
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