On 6 May 2010 the cash dividend of Fugro N.V. for 2009 was set at EUR 1.50 per (certificate of an) ordinary share. The dividend could either be received fully in cash or fully in (certificates of) ordinary shares, at the choice of the holder. The number of dividend rights that entitles to one new (certificate of an) ordinary share of Fugro N.V. (the exchange ratio) is determined at 27.
The average of the closing prices of the certificates of shares Fugro N.V. on Euronext Amsterdam on 24, 25 and 26 May 2010, being EUR 41.03 per certificate of a share of EUR 0.05 nominal value, has been used as basis for determining the stock dividend exchange ratio. Taking into account this exchange ratio and the average closing price, the value of the pay out in shares is 1.3 per cent higher than the cash dividend of EUR 1.50.
About 43 per cent of the holders of (certificates of) shares chose to receive the dividend in stock. Fugro N.V. will issue approximately 1.25 million new shares to pay out the stock dividend. The payment of the cash dividend or transfer of (certificates of) ordinary shares will take place as from 28 May 2010.