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TenCate declares dividend for 2006
30 Mar '07
1 min read
During the Annual General Meeting of Shareholders of Royal Ten Cate nv, which was held on March 29, 2007, the dividend for 2006 was declared at € 0.70 per ordinary share of € 2.50 par value.
The dividend is to be paid in cash, or at the shareholder's option, in ordinary shares to be charged to the share premium reserve or if desired charged to the other reserves.
The ex-dividend quotation date will be on April 2, 2007.
The exchange ratio for the optional dividend will be announced after the election period has expired on April 20, 2007. Shareholders are offered the opportunity to make their choices known before the close of trading on that day.
The calculation will take place on the basis of the average share price of the last 3 trading days of the election period. The value of the stock dividend will be approximately equal to the cash dividend.
The payment of the dividend or the distribution of shares will take place as from April 27, 2007.
The dividend is to be paid in cash, or at the shareholder's option, in ordinary shares to be charged to the share premium reserve or if desired charged to the other reserves.
The ex-dividend quotation date will be on April 2, 2007.
The exchange ratio for the optional dividend will be announced after the election period has expired on April 20, 2007. Shareholders are offered the opportunity to make their choices known before the close of trading on that day.
The calculation will take place on the basis of the average share price of the last 3 trading days of the election period. The value of the stock dividend will be approximately equal to the cash dividend.
The payment of the dividend or the distribution of shares will take place as from April 27, 2007.
TenCate
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