Corio announces conversion rate stockdividend
(Thomson Reuters ONE) -
In the press release of 26 April 2011 and the announcement regarding 'Payment of
dividend 2010' on Corio's website, shareholders were given the option to receive
their dividend of ? 2.69 per share for the financial year 2010 entirely in cash,
less 15% dividend tax, or entirely in shares charged to the share premium
reserve, with the restriction that due to the fiscal payment obligation a
maximum of 46% of the total dividend can be paid in shares.
The Management Board announces that shareholders wish to receive a distribution
in shares for 25.1% of the total dividend.
The volume weighted average price of 2 May 2011 up to and including 17 May 2011
was ? 47.73. The number of dividend rights giving entitlement to one Corio N.V.
share has on 17 May 2011 (after market) been set at 17.74 (or at the choice of
the banks or stockbroker where a shareholder holds its shares 1,774 dividend
rights gives entitlement to 100 shares). Payment of stock dividend is only made
in whole shares; fractions of shares are settled in cash at the opening price of
18 May 2011.
Payment of the dividend in cash and transfer of the shares will take place on
19 May 2011 exclusively on the basis of the dividend entitlement.
In this context a total of approximately 1,289,014 shares will be issued,
charged to the share premium reserve. When the request is submitted for the
shares issued for the stock dividend to be admitted to trading on Euronext
Amsterdam, use will be made of the exemption from the obligation to publish a
prospectus based on Section 5:4(e) of the Dutch Financial Supervision Act (Wet
op het financieel toezicht).
Paying Agent: The Royal Bank of Scotland N.V. (+31 20 464 3707).
Press release:
http://hugin.info/134201/R/1516658/452979.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: Corio NV via Thomson Reuters ONE
[HUG#1516658]
Unternehmensinformation / Kurzprofil:
Datum: 17.05.2011 - 18:16 Uhr
Sprache: Deutsch
News-ID 54752
Anzahl Zeichen: 2517
contact information:
Town:
Utrecht
Kategorie:
Business News
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"Corio announces conversion rate stockdividend"
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