TenCate sets exchange ratio for stock dividend
(Thomson Reuters ONE) -
With reference to the dividend for the 2014 financial year, Royal Ten Cate
announces that the number of dividend rights of ordinary shares of ? 2.50
nominal value giving right to one new ordinary share, has been set at 42.
Based on the volume weighted average share price of 23, 24, 27, 28, 29 and 30
April 2015 of ? 21.3345, 1/42 share represents a value of approximately ?
0.5080, approximately 1.59% higher than the ? 0.50 cash dividend.
Both the cash and the stock dividend will be made payable from 6 May 2015.
For the new ordinary shares that will be issued as a result of the stock
dividend, a request for admission to listing at Euronext Amsterdam will be
submitted in accordance with Article 5:4 sub (e) of the Act on Financial
Supervision (Wft).
The opening price of 4 May 2015 will be used as reference price for the
settlement of fractional entitlements.
Royal Ten Cate
Almelo, The Netherlands, Friday, 1 May 2015
======
For further information:
TenCate corporate
Gert Steens, investor relations
Tel. : +31 (0)546 544 977
E-mail : ir(at)tencate.com
Internet : www.tencate.com
Royal Ten Cate (TenCate) is a multinational company which combines material
technology and chemical processes in the development and production of
functional materials with distinctive characteristics. TenCate products are sold
worldwide.
Systems and materials from TenCate come under four areas of application: safety
& protection, space & aerospace; infrastructure and the environment; sport and
recreation. TenCate occupies leading positions in protective fabrics, composites
for space and aerospace, antiballistics, geosynthetics and synthetic turf.
TenCate is listed on Euronext Amsterdam (AMX).
Press release as PDF:
http://hugin.info/130798/R/1917918/686203.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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: Koninklijke Ten Cate NV via GlobeNewswire
[HUG#1917918]
Unternehmensinformation / Kurzprofil:
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" alt="Santacruz Silver Reports Fourth Quarter / Year-End 2014 Financial ResultsDatum: 01.05.2015 - 08:01 Uhr
Sprache: Deutsch
News-ID 390135
Anzahl Zeichen: 2577
contact information:
Town:
Almelo
Kategorie:
Business News
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