Final dividend 2012 Royal DSM
This final dividend of €1.02 will be paid out in cash or in the form of ordinary shares at the option of the shareholder. Dividend in cash will be paid after deduction of 15% Dutch dividend withholding tax. The ex-dividend date on NYSE Euronext will be 7 May 2013 and the record date will be 9 May 2013.
Shareholders have from 10 May until 24 May 2013 (3.00 pm CET) to indicate their choice. On 27 May 2013 after the close of trading on NYSE Euronext the number of dividend rights of ordinary shares entitling the holder to one ordinary share will be determined.
This exchange ratio will be based on the volume weighted average price of all ordinary shares in DSM traded at NYSE Euronext on 20 May 2013 up to and including 24 May 2013. The value of the stock dividend will be virtually equal to the value of the cash dividend. The ordinary shares that constitute the stock dividend are entitled to any dividend for the financial year 2013 and to the dividends for subsequent financial years. Stock dividend rights will not be traded on NYSE Euronext.
The following timetable applies:
|7 May 2013||Ex-dividend quotation|
|9 May 2013||Record Date|
|10 May 2013 – 24 May 2013(3.00 pm CET)||Period in which shareholders can indicate their choice|
|27 May 2013 (COB)||Announcement of the exchange ratio|
|29 May 2013||Delivery of shares or cash payment|