The cash or stock distribution has been fixed as follows: €0.64 in cash, or, for every 27 ordinary shares (of par €0.12) one new ordinary share (of par €0.12) to be charged to the share premium reserve or if so desired to the other reserves
Wolters Kluwer, a leading global information services and publishing company, announced today the determination of the stock ratio of the dividend for 2007 as approved by the Annual General Meeting of Shareholders on April 22, 2008.
Following the official announcements in Het Financieele Dagblad, De Telegraaf and De Officiële Prijscourant of March 20, 2008 and April 23 and 24, 2008 respectively, Wolters Kluwer announced that the cash or stock distribution has been fixed as follows:
- €0.64 in cash
- for every 27 ordinary shares (of par €0.12) one new ordinary share (of par €0.12) to be charged to the share premium reserve or if so desired to the other reserves.
The cash distribution will be payable as of May 5, 2008.
About Wolters Kluwer
Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer has annual revenues (2007) of €3.4 billion, maintains operations in over 33 countries across Europe, North America, and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Visit www.wolterskluwer.com for information about our market positions, customers, brands, and organization.
This press release contains forward-looking statements. These statements may be identified by words such as “expect,” “should,” “could,” “shall,” and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer’s businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.