During the Annual General Meeting of Shareholders of Royal Ten Cate, which was held on Thursday 9 April 2015, the dividend for the 2014 financial year was declared at € 0.50 (2013: € 0.50) per ordinary share of € 2.50 par value.
The dividend is to be paid in cash or at the shareholder's election in ordinary shares, to be charged to the distributable equity. The distribution in cash will be subject to 15% dividend withholding tax. The value of the stock dividend will surpass the value of the cash dividend by 0 to 3%.
The TenCate shares will be traded ex-dividend as of Monday 13 April 2015. The record date for the dividend has been fixed as Tuesday 14 April 2015, after trading hours. Shareholders are offered the opportunity to make known their choice between cash and shares before 15:00 hours CET on Thursday 30 April 2015. Shortly thereafter, the exchange ratio of the stock dividend will be announced. The dividend will be made available for payment on Wednesday 6 May 2015.
Royal Ten Cate
Almelo, the Netherlands, Thursday 9 April 2015