Barcelona, June 15, 2018. - Pursuant to article 228 of Royal Decree 4/2015 of October 23, approving the consolidated text of the Securities Market Law, Ercros, S.A. (hereinafter "the Company"), hereby informs the following
As a continuation of the relevant events no. 262,234 and 265,500, the Company reports that, in accordance with the application of the result of Ercros, S.A. corresponding to the fiscal year 2017 approved by the annual general meeting held today, the distribution of the cash dividend from the 2017 profit, amounting 0.05 euros gross per share, will be made next July 6, 2018.
Barcelona, June 15, 2018. - As the third program for the repurchase of treasury shares is due to be completed –because in a few weeks, the investment limit contemplated, of EUR 6 million will be met– the board of directors of the Company, in its session held on June 15, 2018, has approved the fourth share repurchase program, under the authorization granted by the annual general meeting of shareholders held on June 23, 2017, in the following terms:
Barcelona, June 14, 2018. - The Company informs that, under the third share repurchase program for amortization, during the period between June 5, 2018 and June 12, 2018, has carried out the purchase of 94,000 treasury shares.
Since March 12, 2018, the date on which this third program began, the Company has acquired 1,205,221 treasury shares. At present, the Company holds 3,321,709 treasury shares, which represent 2.993% of the share capital.
Barcelona, June 13, 2018. - Ercros expects to obtain an ebitda of EUR 41 million and a profit of EUR 27 million in the first six months of 2018. Regarding the first half of 2017, this forecast implies increasing ebitda by 6.4% and the result of the period by 12.7%.
Barcelona, June 11, 2018. - Ercros has received today, June 11, the authorization from the Government of Catalonia to undertake a new expansion of the capacity of the chlorine and caustic soda production plant in the Vila-seca I factory that will optimize the use of existing equipment and facilities associated with membrane technology. This is the third time that Ercros has expanded this plant, on this occasion with an additional 26,000 t/year. When this investment will be operational, by mid-2019, global chlorine production capacity will be 217,000 t/year, so that Ercros will consolidate its leading position in the Iberian market.
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