CSM announces issue stock dividend
CSM nv announces that 1,660,565 shares have been issued as a result of issuing its stock dividend. The conversion factor of 1/27 per CSM share was calculated on the basis of the volume weighted average share price (� 24.68) on 19, 20 and 23 May 2010. As was announced on 3 May 2011, the dividend has been set at � 0.90 per common share. Shareholders were offered the option to take their dividend in cash or as a stock dividend. The cash dividend and stock dividend have been distributed to shareholders on 26 May 2010. Payment in shares qualifies as the exception of Article 5:4 sub (e) to the prospectus obligation set out in Article 5:2 of the Act on Financial Supervision (Wet op het financieel toezicht, Wft).
Product not available in your region
This product is not available in the selected region.
If you want this product in your region, or find a suitable alternative, please contact us,