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Wavin N.V.

Wavin N.V.

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Publicatie datum 24 sep 2008 - 08:31
Statutaire naam Wavin N.V.
Titel WAVIN DETERMINES H1 INTERIM STOCK DIVIDEND CONVERSION RATIO
Bericht Zwolle, 24 September 2008 – Wavin N.V., leading supplier of plastic pipe systems and solutions in Europe, has determined the conversion ratio of the H1 2008 interim stock dividend. Shareholders who have opted for stock dividend will receive one share of Wavin N.V. per 44 shares, chargeable to the share premium reserve. The conversion ratio has been determined on the basis of the volume weighted average share price of Wavin shares on Euronext Amsterdam during the period 19 to 23 September 2008, being EUR 5.2848. 1/44th part represents a value of EUR 0.12011, which is virtually equal to the cash interim dividend of EUR 0.12. The payment of the dividend or the distribution of shares will take place as from 26 September 2008.