TenCate shareholders approve 2014 dividend of EU 0.50 per share
April 09 2015 - 11:50AM
During the Annual General Meeting of Shareholders of Royal Ten
Cate, which was held on Thursday 9 April 2015, the dividend for the
2014 financial year was declared at € 0.50 (2013: € 0.50) per
ordinary share of € 2.50 par value.The dividend is to be paid in
cash or at the shareholder's election in ordinary shares, to be
charged to the distributable equity. The distribution in cash will
be subject to 15% dividend withholding tax. The value of the stock
dividend will surpass the value of the cash dividend by 0 to 3%.The
TenCate shares will be traded ex-dividend as of Monday 13 April
2015. The record date for the dividend has been fixed as Tuesday 14
April 2015, after trading hours. Shareholders are offered the
opportunity to make known their choice between cash and shares
before 15:00 hours CET on Thursday 30 April 2015. Shortly
thereafter, the exchange ratio of the stock dividend will be
announced. The dividend will be made available for payment on
Wednesday 6 May 2015.
Royal Ten Cate Almelo, the
Netherlands, Thursday 9 April 2015For further
information:Further information is available at
www.securitiesinfo.com
TenCate corporateGert Steens, investor
relationsTelephone
: +31 (0)546 544
977E-mail
: ir@tencate.comInternet
: www.tencate.com
Royal Ten Cate (TenCate) is a multinational
company which combines material technology and chemical processes
in the development and production of functional materials with
distinctive characteristics. TenCate products are sold
worldwide.Systems and materials from TenCate come under four areas
of application: safety & protection, space & aerospace;
infrastructure and the environment; sport and recreation. TenCate
occupies leading positions in protective fabrics, composites for
space and aerospace, antiballistics, geosynthetics and synthetic
turf. TenCate is listed on Euronext Amsterdam (AMX).
Press release as PDF
http://hugin.info/130798/R/1909954/681021.pdf
HUG#1909954
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