July 12, 2016 - 9:10 PM EDT
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BOURBON: Result of the option to receive the 2015 dividend 2015 in shares

                                                            Paris, July 13, 2016

          Result of the option to receive the 2015 dividend in shares

The Annual General Meeting of BOURBON shareholders held on May 26, 2016 approved
the  payment  of  the  dividend  for  2015 of  €1.00  per  share  and  that each
shareholder can choose to receive the dividend either in cash or in new shares.

The  period for exercising  the option ran  from June 15, 2016 to July 7, 2016,
inclusive. At the end of the option period, the shareholders who have elected to
receive  the payment  of the  dividend in  shares represented 64.4% of BOURBON's

4 736 272 new  shares will be issued, representing 6.6% of the share capital and
4.5% of the voting rights of the company based on the total number of shares and
voting rights as of May 31, 2016.

The  settlement and  delivery of  the new  shares as  well as their admission to
trading on the Euronext Paris will occur on July 18, 2016. The shares will carry
immediate  dividend  rights  and  will  be  fully  fungible with existing shares
already listed.
For  shareholders who did not opt for a dividend payment in shares, the dividend
shall be paid in cash on July 18, 2016.


Among  the market  leaders in  marine services  for offshore  oil & gas, BOURBON
offers  the most demanding oil & gas  companies a wide range of marine services,
both  surface and  sub-surface, for  offshore oil  & gas  fields and wind farms.
These  extensive services rely on a broad range of the latest-generation vessels
and  the  expertise  of  more  than  11,000 skilled  employees.  Through its 34
operating subsidiaries the group provides local services as close as possible to
customers and their operations throughout the world, of the highest standards of
service and safety.

BOURBON  provides two operating Activities (Marine Services and Subsea Services)
and also protects the French coastline for the French Navy.

In  2015, BOURBON'S revenue came to €1,329.6  million and as of March 31, 2016,
the company operated a fleet of 515 vessels.

Placed  by ICB (Industry Classification Benchmark) in the "Oil Services" sector,
BOURBON is listed on the Euronext Paris, Compartment B.



Investor Relations, analysts, shareholders
James Fraser, CFA
+33 491 133 545
[email protected]
Corporate Communications
Christelle Loisel
+33 491 136 732
[email protected]

Media relations agency
Publicis Consultants

Vilizara Lazarova
+33 144 824 634
[email protected]

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    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
Source: BOURBON via GlobeNewswire


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Source: Equities.com News (July 12, 2016 - 9:10 PM EDT)

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