Wolters Kluwer

Announcement of exchange ratio



This announcement is for information purposes only. Shareholders in Wolters Kluwer N.V. 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 Wolters Kluwer N.V.), banks that are admitted institutions to Euroclear, to allow their clients which are shareholders in Wolters Kluwer N.V. to participate in DRIP. ABN AMRO CB, in its capacity as facilitator of the dividend reinvestment plan regarding Wolters Kluwer N.V., does not provide any investment services to shareholders in Wolters Kluwer N.V. or any other party or person and is not liable towards shareholders in Wolters Kluwer N.V. 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 18 August 2017 concerning the payment of the interim dividend 2017 of Wolters Kluwer N.V. (“Wolters Kluwer”), ABN AMRO Bank N.V. (“ABN AMRO”) hereby announces that the number of dividend rights (the “exchange ratio’) is fixed at 227.66 dividend rights for one (1) Wolters Kluwer ordinary share.

Based on the daily volume weighted average price of Wolters Kluwer ordinary shares during 13 September 2017 up to and including 15 September 2017 (less auction and less of exchange trades), being EUR 38.55643, 1/227.66 part represents a value of EUR 0.16936, which is 0.3764% less than the net cash dividend of EUR 0.17 per Wolters Kluwer ordinary share. This exchange ratio corresponds to a reinvestment price of EUR 38.7022 per Wolters Kluwer ordinary share.

For the fraction price, the opening price of 18 September 2017 should be taken as reference.

The delivery of shares bought as a result of reinvestment will be made as of 19 September 2017.

Amsterdam, 15 September 2017

 

Message details

Sub-group Equities
Issuer Wolters Kluwer
Category Dividend
ISIN NL0000395903
NL0012481782
Symbol WKL
Securities name Ordinary shares
Publication date September 17 2017