The Ntherlands: Boskalis Sets Stock Dividend Conversion Rate at 1:25
On 8 May 2013 the dividend of Royal Boskalis Westminster N.V. for 2012 was set at EUR 1.24 per ordinary share with a choice of stock or cash dividend.
With the dividend distribution as stock, shareholders will receive 1 new ordinary share per 25 dividend rights of ordinary shares. The conversion rate has been based on the volume weighted average stock price of Boskalis shares traded on NYSE Euronext Amsterdam over the period 28, 29 and 30 May 2013 of EUR 31.3782.
Both the cash and stock dividend will be made payable from Tuesday 4 June 2013. Cash distribution will be subject to deduction of dividend tax as required by law.
Press Release, May 31, 2013