Vastned Retail declares 2009 stock dividend
In the context of the 2009 optional dividend, VastNed Retail has declared the stock dividend based on the share's non-weighted average closing prices during the option period from April 23, 2010 through May 7, 2010. The stock ratio entails that 1 new share will be distributed per 25 shares held, charged to the share premium reserve. Depending on the shareholder's choice, this means that per share, either € 2.78 will be paid in cash or € 1.10 in cash and 1/25th VastNed Retail share. In this context, a total of 230,007 new shares will be issued, charged to the share premium reserve.
The dividend will be made payable/will be delivered on Monday May 17, 2010.