USG People sets 2011 stock dividend conversion ratio
(Thomson Reuters ONE) -
Almere, 31 May 2012. Today USG People N.V. set the conversion ratio for the
2011 stock dividend.
The General Meeting of Shareholders held on 10 May 2012 adopted the proposal to
distribute a dividend in cash or in shares. The cash dividend was set at ? 0.17
per ordinary share. The conversion ratio was determined based on the volume-
weighted average price of all USG People N.V. shares listed on the NYSE Euronext
Amsterdam stock exchange and traded on the exchange from
17 May 2012 to 31 May 2012, equaling ? 5.5878.
The number of dividend rights giving entitlement to two new ordinary shares in
USG People N.V. with a nominal value of ? 0.50 has been set at 65. The value of
the stock dividend is virtually equal to the final cash dividend of ? 0.17.
41,189,526 shares have been registered for the payment of stock dividend. This
concerns 52.51% of all outstanding shares which are entitled to dividend over
2011. 1,267,370 new ordinary shares will be issued, bringing the total number of
outstanding shares to 79,715,875.
Payment of the cash dividend and delivery of ordinary shares resulting from the
conversion of dividend rights will be effected as from 6 June 2012. An
application has been submitted under article 5:4(e) of the Dutch Financial
Supervision Act for the new shares to be quoted on NYSE Euronext Amsterdam as
from 6 June 2012. The new shares will carry dividend entitlement for the 2012
financial year and subsequent years.
For more information, please contact:
Leen Geirnaerdt, CFO
telephone: +31(0) 36 529 95 07
Disclaimer
This press release is available in Dutch and English. In the event of
ambiguities, the Dutch text shall prevail.
About USG People
With revenue of ? 3.2 billion in 2011 USG People is one of the largest providers
of HR services in Europe with established and recognisable national and
international brands. Headquartered in the Dutch city of Almere, USG People is
active in Belgium, France, Germany, Italy, Luxembourg, the Netherlands, Austria,
Poland, Spain and Switzerland.
The brand portfolio of USG People comprises Start People (General Staffing) -
Unique, Technicum, Secretary Plus, ASA,, Creyf's, Call-IT, Vakcollege Groep
(Specialist Staffing) - Legal Forces, USG Capacity, USG Energy,
USG Financial Forces, USG HR Forces, USG Innotiv, USG Juristen, Control, ikki
(Professionals).
USG People is listed on the NYSE Euronext Amsterdam stock exchange and is
included in the Amsterdam Midcap Index (AMX).
For more information on USG People or any of its operating companies, please
visit our website at www.usgpeople.com.
download the press release in pdf format:
http://hugin.info/130803/R/1616310/515590.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: USG People NV via Thomson Reuters ONE
[HUG#1616310]
Unternehmensinformation / Kurzprofil:
Datum: 31.05.2012 - 18:58 Uhr
Sprache: Deutsch
News-ID 151977
Anzahl Zeichen: 3562
contact information:
Town:
Almere
Kategorie:
Business News
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"USG People sets 2011 stock dividend conversion ratio"
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USG People NV (Nachricht senden)
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