Events & Shows25 May 2012
Besi Announces Details of 2011 Dividend Payment
The Exchange Ratio is based on a share price of € 5.531, which is the volume weighted average price of the ordinary shares traded on NYSE Euronext Amsterdam on May 23, 24 and 25, 2012. Based on this volume weighted average share price, each dividend right entitles the holder to receive 1/24.7 of a share with a value of € 0.22393, which is approximately 1.79% higher than the value of the cash dividend of € 0.22 per ordinary share.
The Company will distribute in aggregate 571,710 shares from the Company’s treasury shares in connection with the dividend payment to shareholders who opted to receive the dividend in shares. In addition, the Company will pay in aggregate € 5.1 million to shareholders who opted to receive the dividend in cash.
Payment of the cash dividend and the delivery of shares related to the exchange of dividend rights will take place starting May 31, 2012, through the bank or broker where the shares are held.
To read the full version of the press release, please download the PDF file.