The Annual General Meeting of Shareholders of Fugro N.V. held on 22 May 2012 has set the dividend for the financial year 2011 at EUR 1.50 per (certificate of a) share. Shareholders and holders of certificates were able to choose between payment of the dividend in cash or in (certificates of) shares.
The number of dividend rights that entitles to one new (certificate of a) share (the exchange ratio) has been set at 30. This exchange ratio is based on the volume weighted average price of the Fugro certificates of shares traded at NYSE Euronext in Amsterdam on 12, 13 and 14 June 2012, being EUR 45.30. The value of the stock dividend is 0.67% higher than the cash dividend of EUR 1.50.
Around 55% of the holders of (certificates of) shares elected for stock dividend resulting in the issue of approximately 1.4 million new (certificates of) shares.
Payment of the cash dividend and delivery of the (certificates of) shares for the stock dividend will take place as of 18 June 2012. | 
Fugro news