RELX Group

Announcement of exchange ratio



This announcement is for information purposes only. Shareholders in RELX PLC can participate in the dividend reinvestment plan ("DRIP") via their own bank or broker. ABN AMRO Corporate Broking ("ABN AMRO CB") only facilitates, with the approval of issuing entities (in this case RELX PLC), banks that are admitted institutions to Euroclear, to allow their clients which are shareholders in RELX PLC to participate in DRIP. ABN AMRO CB, in its capacity as facilitator of the dividend reinvestment plan regarding RELX PLC, does not provide any investment services to shareholders in RELX PLC or any other party or person and is not liable towards shareholders in RELX PLC or any other party or person in respect of their enrolment in DRIP. If a shareholder has a question in respect of DRIP, he/she should consult its own advisor or bank.

Further to the announcement dated 25 April 2019 concerning the payment of the final dividend of RELX PLC (“RELX”) for the year 2018, ABN AMRO Bank N.V. (“ABN AMRO”) hereby announces that the number of dividend rights (the “exchange ratio’) is fixed at 61.74 dividend rights for one (1) RELX ordinary share (or at the option of the Members 1,674 dividend rights for 100 ordinary shares).

Based on the daily volume weighted average price of RELX ordinary shares during 29 May 2019 up to and including 30 May 2019 (less auction and less of exchange trades), being EUR 20.7283 1/61.74 part represents a value of EUR 0.3357, which is 0.3753% less than the cash dividend of EUR 0.3370. This exchange ratio corresponds to a reinvestment price of EUR 20.8064 per RELX ordinary share.

The delivery of shares bought as a result of reinvestment will be made as of 4 June 2019.

Amsterdam, 31 May 2019

 

 

Message details

Sub-group Equities
Issuer RELX Group
Category Dividend
ISIN NL0006144495
Symbol REN
Securities name Ordinary shares
Publication date May 31 2019