Holders of (depositary receipts for) ordinary shares are given the opportunity to indicate their choice until 10 June 2011, 3 pm. On 10 June 2011 after close of trading on NYSE Euronext regulated market in Amsterdam (‘Euronext’), the number of (depositary receipts for) ordinary shares entitling to one new (depositary receipt for an) ordinary share (‘Exchange ratio’), will be determined based on the volume weighted average price of all traded depositary receipts for ordinary shares Grontmij on Euronext on 8, 9 and 10 June 2011. As an incentive to receive the dividend as stock, the value of the stock dividend will be 2 to 5 % higher than that of the cash dividend due to a positive rounding difference when determining the Exchange ratio. The maximum number of (depositary receipts for) ordinary shares that can be issued as stock dividend is equal to the number of issued (depositary receipts for) ordinary shares divided by the Exchange ratio. The actual number of issued (depositary receipts for) ordinary shares will be published by way of a press release after determination of the Exchange ratio. The (depositary receipts for) ordinary shares that will be issued as stockdividend are entitled to the dividend for the entire 2011 financial year and following financial years. No trading of dividend rights will take place on Euronext.
The following timetable applies:
Ex dividend date 26 May 2011
Dividend record date 30 May 2011 (after close of trading)
Option period 31 May up to and including 10 June 2011 (3 pm)
Determination Exchange ratio 10 June 2011 (after close of trading)
Dividend payment date 15 June 2011
Holders of depositary receipts for ordinary shares may indicate their choice via their bank or broker until 10 June 2011, 3 pm to ABN AMRO Bank N.V. (“ABN AMRO”) Exchange Agency Services MF 2020 (fax +31(0)10 264 4652, e-mail: email@example.com). If no choice is indicated before 10 June 2011, 3 pm, the holder of depositary receipts is solely entitled to dividend in the form of depositary receipts for ordinary shares. The bank or broker is requested to deliver the dividend rights directly to ABN AMRO (account 28001/106) no later than 10 June 2011, 3 pm.
Holders of ordinary shares Grontmij N.V. who are listed in the register of shareholders of the company as at 30 May 2011 will be notified by the company directly of the payment of the dividend.
The payment of the dividend and delivery of new (depositary receipts for) ordinary shares, with settlement of fractions in cash, if applicable, will take place on 15 June 2011, on the basis of the delivered dividend rights.
With regard to the depositary receipts for ordinary shares that will be issued as stockdividend, application will be made for listing and admission to trading on Euronext pursuant to article 5:4 sub e of the Financial Supervision Act.
Members of NYSE Euronext Amsterdam (“Members”)
Upon conversion of dividend rights in the period up to and including 10 June 2011, 3pm a commission will be paid to the Members in accordance with the commission schedule of ABN AMRO, so that in principle this conversion can take place free of costs to the holders of depositary receipts for ordinary shares. Payment of commission to the Members will take place after ABN AMRO has received a statement from the relevant Member that the conversion of dividend rights has been executed at no cost to the holder of depositary receipts for ordinary shares.
Note to editors
Grontmij is a leading sustainable design and management consultancy active in four business lines: Planning & Design, Transportation & Mobility, Water & Energy, Monitoring & Testing.
At the heart of our business is the sustainability by design principle. It is a leading value proposition for our customers. Grontmij is the fourth largest engineering consultancy in Europe with almost 300 offices across the region and a further 50 offices globally. We have nearly 11,000 professionals around the world.
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