Delta Lloyd: announcement stock dividend exchange ratio
August 31 2015 - 01:31AM
With reference to the press release of 11 August
2015 regarding the half-year results 2015, Delta Lloyd announces
that the number of dividend rights entitling the holder to 20 new
ordinary shares (with a nominal value of € 0.20 each) has been
determined at 441 (or 1 : 22.05).
Based on the weighted average quoted closing price
of the Delta Lloyd share on Euronext Amsterdam by Euronext for the
five consecutive trading days from 24 August 2015 to 28 August 2015
(inclusive) of approximately € 9.45, 20/441th part of an ordinary
share represents a value of € 0.4285, which is equal to the value
of the cash interim dividend of € 0.42 increased with a premium of
2% for stock dividend.
Approximately 46.4% of the shareholders has
elected to receive the dividend in ordinary shares. The remaining
53.6% will receive the dividend in cash. In this respect 4,687,206
new ordinary shares will be issued as stock dividend. A request for
admission of the ordinary shares to Euronext will be submitted
pursuant to Article 5:4 (e) of the Financial Supervision Act (Wet
op het financieel toezicht).
Payment of the dividend and delivery of the
ordinary shares will take place on 7 September 2015.
Full press release
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Delta Lloyd via Globenewswire
HUG#1948482
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