SOURCE: Koninklijke Ten Cate NV

May 05, 2009 02:25 ET

Royal Ten Cate: Announcement of conversion ratio

ALMELO, NETHERLANDS--(Marketwire - May 5, 2009) -


Royal Ten Cate announces that the number of dividend rights that grant entitlement to 1 new share has been fixed at 33 dividend rights of an ordinary share with a par value of EUR 2.50.

With reference to the press release dated 9 April 2009 in relation to the payment of dividend for the financial year 2008, Royal Ten Cate announces that with regard to the stock dividend and the optional dividend the number of dividend rights that grant entitlement to 1 new share has been fixed at 33 dividend rights of an ordinary share with a par value of EUR 2.50.

The weighted average share price of 29 April, 30 April and 4 May 2009 amounted to EUR 14.3961 per ordinary share with a par value of EUR 2.50 and was held as standard when fixing the 33 dividend rights that grant entitlement to 1 new ordinary share with a par value of EUR 2.50.

On the basis of this price, a 1/33 part of an ordinary share with a par value of EUR 2.50 represents a value of EUR 0.4362 which is 2.65% more than the cash dividend of EUR 0.4250.

Royal Ten Cate
Almelo, Tuesday 5 May 2009

For further information:

Drs. F.R. Spaan, director investor relations & corporate development
Telephone     : +31 (0)546 544 338
Mobile          : +31 (0)06 12 96 17 24
E-mail           : f.spaan@tencate.com
Internet         : www.tencate.com

Royal Ten Cate (TenCate) is the multinational company which combines textile technology with related chemical processes and material technology in the development and production of functional materials with distinctive characteristics. Systems and materials from TenCate come under four areas of application: safety and protection; space and aerospace; infrastructure and the environment; sports and leisure. TenCate occupies world leading positions in protective fabrics, composites for space and aerospace, antiballistics, geosynthetics and synthetic turf. TenCate is listed on NYSE Euronext.

Press release in PDF: http://hugin.info/130798/R/1311090/303432.pdf

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

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