Almere, 9 May 2013 - The Annual General Meeting of Shareholders of USG People N.V. held on 8 May 2013 approved the proposal to pay a (final) dividend for the 2012 financial year of € 0.12 per ordinary share with a nominal value of € 0.50. Shareholders may choose to take up the dividend fully in cash, subject to 15% dividend withholding tax, or fully in shares.
Shareholders have until 29 May 2013, 3.00 p.m. CET to specify, via their broker, their preference for either a cash or stock dividend. The number of dividend rights entitling shareholders to one new share in USG People N.V. will be determined after the close of trading on the NYSE Euronext Amsterdam stock exchange on 29 May 2013. The exchange ratio will be calculated based on the volume-weighted average price of all USG People N.V. shares listed on the NYSE Euronext Amsterdam stock exchange and traded on the exchange during the respective period 15 May 2013 up to and including 29 May 2013, with the value of the stock dividend being about equal to the cash distribution. Dividend entitlements will not be tradable on the NYSE Euronext Amsterdam stock exchange.
The calendar of dates relating to the 2012 dividend is as follows:
10 May 2013 Ex-dividend quotation
14 May 2013 Record date
15 May 2013 to 29 May 2013, 3.00 p.m. CET Notification period of cash or stock dividend
29 May 2013 after trading hours Determination of stock dividend exchange ratio
03 June 2013 Payment of cash dividend / delivery of shares
Shareholders are requested to instruct their broker to notify Kempen & Co N.V., Beethovenstraat 300, 1077 WZ Amsterdam, the Netherlands of their preference (by telefax +31 (0)20 348 95 49 or by e-mail: email@example.com) during the period from 15 May 2013 to 29 May 2013 before 3.00 p.m. CET.
The broker has until 3.00 p.m. CET on 29 May 2013 to transfer the dividend entitlements to Kempen & Co N.V. (payable to Euroclear Nederland Account 29183 NDC 106). If no preference is specified, the dividend will be distributed in stock.
Commission will be paid to affiliated institutions of the NYSE Euronext Amsterdam stock exchange for the exchange of dividend entitlements so that said exchange will be commission-free for the holders.
Payment of the dividend and distribution of shares following the exchange of dividend entitlements will start on 3 June 2013. If the dividend is distributed in shares, any remaining fraction will be paid out in cash based on the opening price of the USG People share on 30 May 2013.
For more information, please contact:
Leen Geirnaerdt, CFO
Telephone: +31 (0)36 529 95 07
This press release is available in Dutch and English. In the event of ambiguities, the Dutch text shall prevail.
About USG People
With revenue of € 2.9 billion in 2012 USG People is one of the largest providers of HR services in Europe with established and recognisable national and international brands. Headquartered in the Dutch city of Almere, USG People is active in Belgium, France, Germany, Italy, Luxembourg, the Netherlands, Austria, Poland, Spain and Switzerland.
The brand portfolio of USG People comprises Start People, Call-IT, USG Restart (General Staffing) - Unique, Technicum, Secretary Plus, ASA, Creyf's, Vakcollege Groep (Specialist Staffing) - USG Engineering Professionals, USG Legal Professionals, USG Finance Professionals, USG Marketing, Communication & Sales Professionals, USG ICT Professionals, USG HR Professionals and USG Science Professionals, Adver-Online (Professionals).
USG People is listed on the NYSE Euronext Amsterdam stock exchange and is included in the Amsterdam Midcap Index (AMX).
For more information on USG People or any of its operating companies, please visit our website at www.usgpeople.com (http://www.usgpeople.com).
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: USG People NV via Thomson Reuters ONE