Papendrecht, 5 June 2018
Royal Boskalis Westminster N.V. (Boskalis) announces that 72.1% percent of the shareholders will receive a dividend in the form of ordinary shares. As a result, 3,990,974 shares will be distributed as stock dividend.
For the stock dividend, Boskalis will issue 2,026,444 new ordinary shares today. The remaining 1,964,530 shares were repurchased last year through the share buyback program and these shares will be used for the stock dividend.
As per today, 5 June 2018, the total number of ordinary shares of Boskalis is 135,378,338 including 1,310,512 treasury stock. An information document as referred to in articles 5:3 sub clause 2 under d and 5:4 sub clause 1 under e of the Financial Markets Supervision Act (Wet op het financieel toezicht) is simultaneously with this press release made available through the website of Boskalis (www.boskalis.com) and hence no obligation to publish a prospectus in connection with this admission exists.
Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world with services including the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. In addition, Boskalis offers a wide variety of marine services and contracting for the oil and gas sector and offshore wind industry as well as salvage solutions. Furthermore, Boskalis has a number of strategic partnerships in harbor towage and terminal services (Kotug Smit Towage, Keppel Smit Towage, Saam Smit Towage and Smit Lamnalco). With a versatile fleet of more than 900 vessels and floating equipment and 10,700 employees, including associated companies, Boskalis operates in 90 countries across six continents.
This press release can also be found on our website www.boskalis.com.
For IR matters contact our Director of Investor Relations & Corporate Communications.
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