Koninklijke Boskalis Westminster N.V. : Boskalis sets stock dividend
conversion rate at 1:25
Papendrecht, 30 May 2013
On 8 May 2013 the dividend of Royal Boskalis Westminster N.V. for 2012 was set
at EUR 1.24 per ordinary share with a choice of stock or cash dividend.
With the dividend distribution as stock, shareholders will receive 1 new
ordinary share per 25 dividend rights of ordinary shares. The conversion rate
has been based on the volume weighted average stock price of Boskalis shares
traded on NYSE Euronext Amsterdam over the period 28, 29 and 30 May 2013 of
Both the cash and stock dividend will be made payable from Tuesday 4 June
2013. Cash distribution will be subject to deduction of dividend tax as
required by law.
This is an English translation of the Dutch press release. In the event of any
disparity between the Dutch original and this translation, the Dutch text will
Royal Boskalis Westminster N.V. . is a leading global services provider
operating in the dredging, maritime infrastructure and maritime services
sectors. The company provides creative and innovative all-round solutions to
infrastructural challenges in the maritime, coastal and delta regions of the
world with the construction and maintenance of ports and waterways, land
reclamation, coastal defense and riverbank protection. In addition, Boskalis
offers a wide variety of marine services and contracting for the offshore
energy sector including subsea, heavy transport, lifting and installation
(through Boskalis Offshore and Dockwise) and towage and salvage (through
SMIT). It also has strategic partnerships in the Middle East (Archirodon) and
in terminal services (Smit Lamnalco). With a versatile fleet of over 1,100
units Boskalis operates in around 75 countries across six continents.
Including its share in partnerships, Boskalis has approximately 15,600
This press release can also be found on our website www.boskalis.com.
For further information
Martijn L.D. Schuttevâer
T +31 78 6969310
F +31 78 6969020
PDF version of this press release
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Source: Koninklijke Boskalis Westminster N.V. via Thomson Reuters ONE
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