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Pernod Ricard One-For-Four Bonus Issue.


Business Editors

PARIS--(BUSINESS WIRE)--Jan. 28, 2003

The board of directors of Pernod Ricard Pernod Ricard (Euronext: RI) is a French company producing alcoholic beverages. Their most famous product, Pernod Anise (40% alcoholic volume) and Ricard Pastis, are both pastis, and often referred to as simply Ricard or Pernod.  voted on 28 January 2003 to increase the company's share capital by capitalising reserves and issuing one bonus share for every four shares held.

Bonus shares will bear rights from 1 January 2002. They will be allocated to shareholders on 14 February 2003 and will be entitled en·ti·tle  
tr.v. en·ti·tled, en·ti·tling, en·ti·tles
1. To give a name or title to.

2. To furnish with a right or claim to something:
 to an interim dividend of (EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
)0.90 per share (plus a tax credit of (EUR)0.45), paid out to existing shares on 14 January 2003.

Pernod Ricard's last scrip issue scrip issue
n.
An issue of shares made by a company free of charge to existing shareholders. Also called bonus issue.
, with a 1:5 ratio, was made in July 1994.

Visit the Pernod Ricard website at www.pernod-ricard.com
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Publication:Business Wire
Date:Jan 28, 2003
Words:113
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