At the Annual General Meeting of Fugro N.V., which was held on 6 May 2014, the dividend for the financial year 2013 was set at EUR 1.50 per (certificate of a) share, to be provided in cash or in (certificates of) shares. If no choice for cash was made on 28 May 2014 (at 3:00 pm CET), the dividend will be distributed in (certificates of) shares, with any remaining fraction being settled in cash.
The number of dividend rights that entitles to one new (certificate of a) share (the conversion ratio) has been set at 28. This conversion ratio is based on the volume weighted average price of the certificates of shares Fugro traded on NYSE Euronext in Amsterdam on 28, 29 and 30 May 2014, being EUR 42.034. The value of the stock dividend is 0.08% higher than the cash dividend of EUR 1.50.
Around 38% of the holders of (certificates of) shares chose for a cash dividend, which means that approximately 1.7 million new (certificates of) shares will be issued.
The dividend will be distributed as from Friday 6 June 2014 through ABN AMRO.
Fugro will repurchase the number of (certificates of) shares that will be issued as stock dividend and subsequently cancel these (certificates of) shares.
Fugro N.V. Stichting Administratiekantoor Fugro