Royal Wessanen has determined the exchange ratio for the dividend in shares for the year 2010. A dividend of €0.05 per share was approved by the AGM on 19 April and, at the option of the shareholder, is to be paid either wholly in cash or in new shares.
The exchange ratio was set at one new share for every 61.01 existing shares, being based on the daily volume weighted average share price of €3.0506 on NYSE Euronext Amsterdam during the period of Friday 6 May up to and including Thursday 12 May.
Shareholders representing around 65% of the share capital elected for a stock dividend; resulting in the issue of 797,260 new shares, leading to a 1.06% increase in the number of shares outstanding. Delivery of the new shares and payment of the dividend to shareholders will occur on Monday 16 May 2011.
Back to press releases
For more information
Carl Hoyer (VP Corporate Communications)
Phone +31 (0)20 3122 140 / +31 (0)6 123 556 58
Email firstname.lastname@example.org / email@example.com