USG People sets 2010 stock dividend conversion ratio
(Thomson Reuters ONE) -
Almere, 14 June 2011 - Today USG People N.V. set the conversion ratio for the
2010 stock dividend.
The General Meeting of Shareholders held on 26 May 2011 adopted the proposal to
distribute a dividend in cash or in shares. The cash dividend was set at ? 0.16
per ordinary share. The conversion ratio was determined based on the average
closing price of USG People N.V. shares during the period from 30 May 2011 up to
and including 14 June 2011, equalling ? 12.145.
The number of dividend rights giving entitlement to one new ordinary share in
USG People N.V. with a nominal value of ? 0.50 has been set at 75. The value of
the stock dividend is virtually equal to the final cash dividend of ? 0.16.
42,437,471 shares (54.6% of all outstanding shares which are entitled to
dividend over 2010) have been registered for the payment of stock dividend.
565,833 new ordinary shares will be issued, bringing the total number of
outstanding shares to 78,448,505.
Payment of the cash dividend and delivery of ordinary shares resulting from the
conversion of dividend rights will be effected as from 20 June 2011. 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 20 June 2011. The new shares will carry dividend entitlement for the 2011
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 ? 3.1 billion in 2010 USG People ranks fourth in Europe in
HR services with a wide array of well-established and recognisable 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) -
AdRem Young Professionals, ASA Student, Creyf's, Express Medical, Receptel,
Secretary Plus, Technicum and Unique (Specialist Staffing) - Legal Forces,
USG Capacity, USG Energy, USG Financial Forces, USG HR Forces, USG Innotiv,
USG Juristen, USG Restart and de wereld van ikki (Professionals) - Call-IT
(Other Services).
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/1523417/459450.pdf
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other applicable laws; and
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originality of the information contained therein.
Source: USG People NV via Thomson Reuters ONE
[HUG#1523417]
Unternehmensinformation / Kurzprofil:
Datum: 14.06.2011 - 19:58 Uhr
Sprache: Deutsch
News-ID 55559
Anzahl Zeichen: 3574
contact information:
Town:
Almere
Kategorie:
Business News
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"USG People sets 2010 stock dividend conversion ratio"
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USG People NV (Nachricht senden)
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