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PostNL N.V.

PostNL N.V.

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Publicatie datum 17 aug 2009 - 08:25
Statutaire naam PostNL N.V.
Titel Announcement conversion rate interim dividend 2009
Bericht Amsterdam, 17 August 2009 – On 27 July 2009 TNT N.V. declared an interim dividend of€ 0.18 per share, that is payable, at the shareholder’s election, either wholly in ordinary shares or wholly in cash. Shareholders who elected an interim dividend in shares will receive one new TNT N.V. ordinary share for every 91 dividend rights. This stock dividend right represents a value of € 0.1869 which is 3.82% above the value of the cash dividend. The conversion rate has been based on the volume-weighted average share price of € 17.0062 for all TNT N.V. shares traded on Euronext Amsterdam over the three trading day period from 12 up to and including 14 August 2009. Over 49% of outstanding capital has elected for dividend to be paid in stock, which results in approximately 1,992,500 new ordinary shares being issued as stock dividend. The stock dividend will be paid out of additional paid in capital as part of the distributable reserves, free of withholding tax in the Netherlands. The dividend will be payable as from 19 August 2009.

Datum laatste update: 18 april 2024