Announcement conversion rate interim dividend 2012
9 August 2012 at 19:00 CET - The Hague – On 6 August 2012, PostNL N.V. declared an interim dividend 2012 of €0.181 per ordinary share, that is payable fully in ordinary shares.
Shareholders will receive one new PostNL N.V. ordinary share for every 16 dividend rights. This represents a value of €0.1824 per dividend right which is a 0.77% premium above the value of the declared interim dividend. The conversion rate was based on the volume-weighted average share price (€2.9184) for all PostNL N.V. shares traded on NYSE Euronext Amsterdam over the three trading day period from 7 Augustus up to and including 9 Augustus 2012.
The interim dividend paid in shares will be sourced from the additional paid-in capital that is recognised for Dutch dividend withholding tax purposes and consequently free from such withholding tax.
Approximately 25.9 million new ordinary shares will be issued as interim dividend 2012. The delivery of shares will take place as of 13 August 2012.
PostNL is the inventive partner in the world of sending and receiving. We have been so for 200 years already. We are primarily active in the fields of mail, parcels and e-commerce, but we also offer services in the areas of data and document management, direct marketing and fulfilment. Outside the Netherlands, we are active in Germany, the United Kingdom, Italy, Belgium and Luxemburg. PostNL employs a total of approximately 66,000 people. In 2012 our revenues reached almost € 4.3 billion.
We like to stay ahead of things. We are the most modern postal company in the world. We are proud of that. We are an example to the rest of the world in the automatic sorting of mail, we are the first listed postal company and we are the international champion in corporate responsibility, as leader in our sector in the Dow Jones Sustainability Index 2011.