During the Annual General Meeting of Shareholders of Royal Ten Cate, which was held on 9 April 2009, the dividend for the 2008 financial year was declared at €0.85 (2007: €0.80) per ordinary share of €2.50 par value.
The dividend will be payable for 50%, at a ratio yet to be determined, in ordinary shares charged to the tax-exempt share premium reserve or, if required, charged to other reserves (‘stock dividend’) and for the remaining 50%, according to the shareholders’ preference, wholly in cash or, at a ratio yet to be determined, in ordinary shares charged to the tax-exempt share premium reserve or, if required, charged to other reserves (‘optional dividend’). The value of this optional dividend will exceed the value of the cash dividend by between 0% and approximately 5%.
The ex-dividend date will be 15 April 2009. The record date for the dividend has been fixed as 17 April 2009, after trading hours. Shareholders are offered the opportunity to make known their choice relating to the optional dividend before the close of trading on 4 May 2009. Immediately following this, the exchange ratio of the optional dividend will be announced. The dividend will be made available for payment as from 8 May 2009.
Royal Ten Cate
Almelo, Thursday 9 April 2009
For further information:
Drs. F.R. Spaan, director investor relations & corporate development
Telephone : +31 (0)546 544 338
Mobile : +31 (0)06 12 96 17 24
E-mail : email@example.com
Internet : www.tencate.com
Royal Ten Cate (TenCate) is the multinational company which combines textile technology with related chemical processes and material technology in the development and production of functional materials with distinctive characteristics. Systems and materials from TenCate come under four areas of application: safety and protection; space and aerospace; infrastructure and the environment; sports and leisure. TenCate occupies world leading positions in protective fabrics, composites for space and aerospace, antiballistics, geosynthetics and synthetic turf. TenCate is listed on NYSE Euronext.