Mediq announces exchange ratio for interim dividend
Mediq, international supplier of medical devices and pharmaceuticals, has set the exchange ratio for the interim optional stock dividend for the financial year 2012.
Further to the announcement of 27 July 2012 on the payment of Mediq’s interim dividend for the 2012 financial year, the number of dividend rights providing an entitlement to one ordinary share of Mediq (the exchange ratio) has been set at 57.0.
This is based on a share price of € 8,5563; the average price, weighted by volume, of all Mediq shares traded on Euronext Amsterdam by NYSE Euronext during the period from 13 August 2012 up to and including 15 August 2012. This represents 1/57.0 Mediq share and a value of € 0.1501, and the stock dividend is therefore almost exactly equivalent to the cash dividend of € 0.15 per ordinary share of Mediq.
The payment of the cash dividend or transfer of shares will take place as from 20 August 2012. The stock dividend will lead to the issue of 552,684 new ordinary shares.