Dividend made payable 2008
In the Annual General Meeting of Shareholders held on 7 April 2009 the dividend per ordinary share for the financial year 2008 has been set on EUR 0,59 per ordinary share of EUR 0,80 par value. The dividend will be made payable, at the shareholders option, either wholly in cash or, in a proportion to be determined, wholly in ordinary shares chargeable to the share premium reserve or at the option to the general reserve. The ex-dividend quotation will be on 9 April 2009.
Holders of deposit shares, registered through a Euroclear Nederland affiliated institution on Wednesday 15 April 2009 after closing of Euronext Amsterdam by NYSE Euronext (after settlement of shares per that date, the so-called record date), will receive the dividend through such institution. Holders of registered shares, listed in the register of holders of ordinary shares on such record date, will be informed separately by IMTECH about the dividend distribution.
On the dividend in cash a withholding tax of 15% will be withheld. On 23 April 2009, after closing of Euronext Amsterdam by NYSE Euronext, the number of stock dividend rights of the ordinary shares entitling to one new share (“exchange ratio”), will be determined based on the volume weighted average price of all traded ordinary shares of IMTECH during the last three trading days. The value of the stock dividend will be virtually equal to that of the cash dividend.
Holders of deposit shares are requested to instruct their bank or broker to deliver their dividend rights to ABN AMRO Bank N.V. trading under the name RBS (“RBS”) before 16.00 hours on 23 April 2009. Holders of registered shares (listed in the register of the company) are requested to inform IMTECH about their choice no later than 16.00 hours on 23 April 2009. If no reply is received, the dividend will be made payable in cash, minus 15% withholding tax.
Payment of the dividend on the ordinary shares and delivery of new ordinary shares, with settlement of fractions in cash, if required, will take place from 28 April 2009 on the basis of the delivered dividend rights. The new ordinary shares rank for the dividend for the 2009 financial year and ensuing financial years.
In order to execute the exchange of dividend rights on a cost free basis for shareholders, the Admitted Institutions up until 23 April 2009 will get a commission in accordance with the Corporate Actions charges as set by RBS (see circular dated 29 November 2000).