Boskalis: 90 Pct Shares Committed to Dockwise Offer (The Netherlands)

90 Pct Shares Committed to Dockwise Offer

Royal Boskalis Westminster N.V. announces that it has acquired 182,654 shares in Dockwise in the course of trading yesterday.

All these shares were acquired through Euronext Amsterdam and were purchased at an average price of EUR 18.50 per share with a maximum price of EUR 18.50 per share (which equals NOK 137 as per today).

Boskalis now holds 40% of the shares in Dockwise. Together with the irrevocable commitments obtained by Boskalis, more than 90% of the Dockwise shares is already acquired by, or committed to, Boskalis.

Background information:

Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world with the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection.

In addition, Boskalis offers a wide variety of marine services and contracting for the offshore energy sector including subsea, transport and heavy lift (though Boskalis Offshore) and towage and salvage (through SMIT). It also has strategic partnerships in the Middle East (Archirodon) and in terminal services (Smit Lamnalco).

With a versatile fleet of over 1,100 units Boskalis operates in around 75 countries across six continents. Including its share in partnerships, Boskalis has approximately 14,000 employees.


Press Release, February 1, 2013