Extraordinary General Meeting Elia Group SA/NV approves amendment of the articles of association

The Extraordinary General Meeting of Elia Group SA/NV held on 14 March 2025 approved the proposed amendment of the articles of association. 

This amendment of the articles of association essentially aims to bring Elia Group SA/NV's articles of association in line with the Belgian Electricity Act of 29 April 1999, as amended by the Act of 5 November 2023. More specifically, articles 3, 4, 9, 13 and 17 of the articles of association were amended so that their wording is aligned with the wording used in the Belgian Electricity Act, particularly regarding the statutory ownership unbundling rules. Additionally, any reference in the articles of association to the shareholders’ agreement of 31 May 2002 is deleted as this shareholders’ agreement is no longer in force today.

Notification new ex-dividend date

On March 7th, 2025, Elia Group SA/NV announced a €2.2 billion Equity Package composed of a private placement (PIPE investment) and a subsequent Rights Issue. As stated in the press release, such Rights Issue is intended to be completed before the end of April 2025, and the new shares to be issued, both under the PIPE investment and the subsequent Rights Issue, will not be entitled to the 2024 dividend, scheduled to be paid in June 2025. As a consequence, Elia Group SA/NV will detach the coupon Nr 22, representing the 2024 dividend entitlement, next week, on Wednesday March 19th, 2025. Subject to the approval of the ordinary shareholders’ meeting in May 2025, the dividend for 2024 would amount to €2.05 per share and would be payable on June 2nd, 2025.

Ex-dividend date: 19 March 2025
Record date: 20 March 2025
Payment of dividend for 2024: 2 June 2025