Following the shareholders’ approval to pay a dividend of € 1.29 per ordinary share over 2014, Randstad Holding nv announces that the number of dividend rights in order to obtain one new ordinary share, has been set at 42.79.
The volume weighted average share price of Randstad during the period April 20 up to and including April 24, 2015 was approximately € 55.21 and was used as basis for the determination of the conversion rate. Based on this price, 1/42.79th part of an ordinary share represents a value of € 1.29, which is equal to the value of the cash dividend of € 1.29 per ordinary share.
Approximately 64.9% (2014: 66.6%) of the shareholders have elected to receive a stock dividend. The remaining 35.1% will receive a cash dividend. As a result, 2,728,720 new ordinary shares will be issued as stock dividend. A request for admission of the ordinary shares to NYSE Euronext in Amsterdam will be submitted in accordance with Article 5:4 sub (e) of the Financial Supervision Act (Wet op het financieel toezicht).
Payment of the cash dividend (in total around € 81.5 million) and delivery of the ordinary shares will take place on April 30, 2015.
about randstad
Randstad is a global talent leader with the vision to be the world’s most equitable and specialized talent company. As a partner for talent and through our four specializations - Operational, Professional, Digital and Enterprise - we provide clients with the high-quality, diverse and agile workforces that they need to succeed in a talent scarce world. We help people secure meaningful roles, develop relevant skills and find purpose and belonging in their workplace. Through the value we create, we are committed to a better and more sustainable future for all. Headquartered in the Netherlands, Randstad operates in 39 markets and has approximately 40,000 employees. In 2023, we supported 2 million talent to find work and generated a revenue of €25.4 billion. Randstad N.V. is listed on the Euronext Amsterdam. For more information, see www.randstad.com.
for more information
Elise Martin-Davies
+31 (0)6 1322 5136
press@randstad.com