Final dividend 2013 Royal DSM
This final dividend of €1.15 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 9 May 2014 and the record date will be 13 May 2014.
Shareholders have from 14 May until 27 May 2014 (3.00 pm CET) to indicate their choice. On 28 May 2014 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 21 May 2014 up to and including 27 May 2014. 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 2014 and to the dividends for subsequent financial years. Stock dividend rights will not be traded on NYSE Euronext.
|The following timetable applies:|
|9 May 2014||Ex-dividend quotation|
|13 May 2014:||Record Date|
|14 May 2014 – 27 May 2014 (3.00 pm CET)||Period in which shareholders can indicate their choice|
|28 May 2014 (COB)||Announcement of the exchange ratio|
|3 June 2014:||Delivery of shares or cash payment|