Announcement of stock dividend exchange
Gouda, the Netherlands - Further to the announcement dated 5 April 2012 concerning the payment of dividend for the financial year 2011 Royal Imtech N.V. (technical services provider in and outside Europe) announces that the stock dividend exchange ratio (the number of stock dividend rights entitling to one new ordinary share of EUR 0.80 nominal value) has been fixed at 32.
The volume weighted average price of the traded ordinary shares Imtech at Euronext Amsterdam by NYSE Euronext on 19, 20 and 23 April 2012, being 22.3617 euro per ordinary share of 0.80 euro nominal value, has been used as basis for determining the stock dividend exchange ratio. Based on this quotation, 1/32 part represents a value of 0.6988 euro per ordinary share, which is virtually equal to the cash dividend of 0.70 euro per ordinary share.
Over 48 percent of the shareholders have opted for dividend in the form of ordinary shares.
The payment of the dividend and the delivery of shares will be made from 26 April 2012 through the bank or broker where shares of shareholders are administered. At application for admission of the quotation at Euronext Amsterdam by NYSE Euronext of these shares, exemption as per article 5:4 sub e ‘Wet financieel toezicht’ (Financial Supervision Act) is applicable (exception to the prospectus obligation).
