TenCate announces conversion ratio
(Thomson Reuters ONE) -
With reference to the press release dated Thursday, 8 April 2010 concerning the
payment of dividend for the financial year 2009, Royal Ten Cate announces that
with regard to the optional dividend the number of dividend rights that grant
entitlement to one new share has been fixed at 34 dividend rights of an ordinary
share with a par value of ? 2.50.
The weighted average share price of 26, 27, 28, 29 and 30 April and 3 May 2010
amounted to ? 20.4430 per ordinary share with a par value of ? 2.50 and was held
as standard when fixing the 34 dividend rights which grant entitlement to one
new ordinary share with a par value of ? 2.50.
On the basis of this price, a 1/34 part of an ordinary share with a par value of
? 2.50 represents a value of ? 0.6013, which is 0.21% more than the cash
dividend of ? 0.60.
Payment of the dividend and transfer of shares by virtue of the conversion of
optional dividend rights will take place through the bank or brokerage firm
where the shares are in administration with effect from Thursday, 6 May 2010.
For the new ordinary shares that will be issued in connection with the stock
dividend, an application will be made for listing on NYSE Euronext Amsterdam
under the provisions of Article 5:4 subparagraph e of the Wet Financieel
Toezicht (Dutch Financial Supervision Act).
Royal Ten Cate
Almelo, the Netherlands, Tuesday, 4 May 2010
For further information:
Frank Spaan, Director Investor Relations & Corporate Development
Telephone : +31 (0)546 544 338
Mobile : +31 (0)6 12 96 17 24
E-mail : f.spaan(at)tencate.com
Internet : www.tencate.com
Royal Ten Cate nv (TenCate) is the multinational company which combines textile
technology with chemical processes and material technology in the development
and production of functional materials with distinctive characteristics.
Systems and materials from TenCate come under four areas of application: safety
and protection; space and aerospace; infrastructure and the environment; sport
and recreation. TenCate occupies leading positions in safety fabrics, composites
for space and aerospace, antiballistics, geosynthetics and synthetic turf.
TenCate is listed on NYSE Euronext.
[HUG#1411376]
Press release as PDF: http://hugin.info/130798/R/1411376/363765.pdf
Unternehmensinformation / Kurzprofil:
Datum: 04.05.2010 - 08:02 Uhr
Sprache: Deutsch
News-ID 20196
Anzahl Zeichen: 0
contact information:
Town:
Almelo
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 195 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"TenCate announces conversion ratio"
steht unter der journalistisch-redaktionellen Verantwortung von
Koninklijke Ten Cate NV (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
