TenCate shareholders approve 2014 dividend of € 0.50 per share
April 09 2015 - 11:45AM
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 2015
For further
information:
Further information is available at
www.securitiesinfo.com
TenCate corporate
Gert Steens, investor relations
Telephone : +31
(0)546 544 977
E-mail
: ir@tencate.com
Internet
: 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
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: Koninklijke Ten Cate NV via Globenewswire
HUG#1909954
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