Final Dividend 2008
The directors of NWR NV have proposed a final dividend for the year ended 31 December 2008 of EUR 0.18 per A share, which will be paid to A shareholders on 22 May 2009. Together with the interim dividend of EUR 0.28 per A share paid in October 2008, this takes the full year post-IPO dividend payable to A shareholders to EUR 0.46 per A share for the full year ended 31 December 2008.
The dividend is declared in Euros. A shareholders may elect to receive this dividend in British Pound Sterling, Euros, Czech Koruna or Polish Zlotys. The default election will be deemed to be British Pound Sterling if a shareholder otherwise expresses no preference. The British Pound Sterling, Euro, Czech Koruna or Polish Zloty amount payable will be determined by reference to the exchange rate applicable to the Euro on 11 May 2009.
The timetable in respect of the final dividend will be:
Events |
Date |
Ex-dividend London Stock Exchange (LSE) |
15 April 2009 |
Ex-dividend Prague Stock Exchange (PSE) |
15 April 2009 |
Ex-dividend Warsaw Stock Exchange (WSE) |
15 April 2009 |
Record Date |
17 April 2009 |
Currency Election Closing Date |
30 April 2009 |
Euro Exchange Rate Fixed and Announced |
11 May 2009 |
Payment Date |
22 May 2009 |
* The record time is close of market on the record date as defined above.
Subject to various exceptions and exemptions, shareholders are generally subject to Dutch dividend withholding tax at the rate of 15 per cent on dividends distributed by the Company. The company is required to withhold this sum and account to the Dutch tax authorities. Shareholders should consult their own tax advisers as to the particular tax consequences for them of receiving dividends from NWR NV.
Currency Election Procedures
Dividends are declared in Euro and paid in British Pound Sterling. Shareholders however have the option to be able to elect to be paid in either Euro or British Pound Sterling by notifying the company's Registrar, Computershare Investor Services PLC (the 'Registrar') using the Currency Election Form provided.
The Registrar must receive any such instruction by the Currency Election closing date for it to be valid for that dividend. An election received after the closing date will be applied to subsequent dividends only.
If you wish to elect to receive your dividends in either Euro or British Pound Sterling please complete the Currency Election Form by inserting your name, address and SRN Number, ticking the box for your preferred currency and signing as instructed on the form. Please then send the form to the Registrar at the address shown on the form. Alternatively, you can contact the Registrar for a form on +44 (0)870 707 1723 or visit their website at:
http://www.computershare.com
Download form here.
Instructions for electing to receive your dividends in Czech Koruna or Polish Zloty should have been sent to you already. If you have not received any, please contact your bank or custodian for instructions on how to proceed with that.
Euro exchange rates for the final dividend 2008
The company publishes its accounts in Euros but has made arrangements for shareholders, who elected to do so prior to 30 April 2009, to receive the final dividend in British Pound Sterling, Euros, Czech Koruna or Polish Zloty, with the respective amounts payable determined by the Euro exchange rate fixed on 11 May 2009.
These rates are as noted below:
EUR/GBP |
EUR/CZK |
EUR/PLN |
0.8992 |
26.607 |
4.3704 |
The payment date for this dividend is 22 May 2009.
Interim Dividend 2008
Interim dividend for the half-year ended 30 June 2008 of EUR 0.28, to be paid to shareholders on 23 October 2008.
Subject to various exceptions and exemptions, shareholders are generally subject to Dutch dividend withholding tax at the rate of 15 per cent on dividends distributed by the Company, which sum the Company is required to withhold and account for to the Dutch tax authorities. Shareholders should consult their own tax advisers as to the particular tax consequences for them of receiving dividends from the Company.
Euro exchange rates for the interim dividend 2008
Dividends are declared in Euro but has made arrangements for shareholders, who elected to do so prior to 26 September 2008, to receive the interim dividend in Sterling, Euros, Czech Koruna or Polish Zloty, with the respective amounts payable determined by the Euro exchange rate fixed on 3 October 2008.
These rates are as noted below:
EUR/GBP |
EUR/CZK |
EUR/PLN |
0.7830 |
24.870 |
3.428 |