HAL Trust

Conversion rate dividend in shares set at 1:48.9



On May 17, 2018 the proposal to distribute a dividend of € 6.20 per HAL Trust Share was approved . The dividend will be payable in HAL Trust Shares for € 3.10 per Share and in cash for € 3.10 per Share.

With respect to the dividend in Shares, Shareholders will receive one new Trust Share per 48.9 dividend rights of shares. Any fraction of a Share will be settled in cash.

The conversion ratio was determined based on the volume weighted average share price of HAL Trust shares traded on Euronext in Amsterdam during the period May 23, 2018 through June 12, 2018.

Both the cash and stock dividend will be payable as from June 19, 2018.

A total of 1,638,538 new shares HAL Trust will be issued. A request for listing of the newly issued HAL Trust shares will be submitted to Euronext Amsterdam. Pursuant to Section 5:4 (e) of the Financial Supervision Act there is no obligation to publish a prospectus in connection with the admission. After the issue the number of outstanding HAL Trust shares will amount to 81,763,062

Paying Agent: ABN AMRO Bank N.V. (+31 20 344 2000).

HAL Holding N.V.
June 12, 2018

Message details

Sub-group Equities
Issuer HAL Trust
Category Dividend
ISIN BMG455841020
Symbol HAL
Securities name Ordinary shares
Publication date June 14 2018