ASML Announces Timing for Capital Repayment and Reverse Stock Split.VELDHOVEN, the Netherlands -- ASML Holding ASML is a Dutch company and the world’s primary supplier of lithography systems for the semiconductor industry. Of all the major chip producers worldwide, more than 80% are ASML customers. NV (ASML ASML Abstract State Machine Language ASML Anisotropic Shielded Microstrip Line ) today announced that, subject to the condition that creditors have not opposed the capital repayment, it has set a record date for the repayment of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 2.04 per ordinary share and the consolidation of all outstanding ordinary shares (the reverse stock split) as approved at its Extraordinary General Meeting of Shareholders on July 17, 2007. The record date for the repayment and reverse stock split will be September 28, 2007. To be eligible for the capital repayment, shareholders holding ordinary shares through Euroclear Nederland must hold their shares after close of trading hours on the Euronext Amsterdam by NYSE Euronext For other uses of "NYX", see NYX (disambiguation). NYSE Euronext, Inc. (NYSE: NYX, Euronext: NYX) (formerly NYSE Group, Inc.) is a for-profit corporation that operates multiple securities exchanges, most notably the New York Stock Exchange (the "Big Board"), on September 28, 2007. Shareholders registered in the register of ASML will be informed by ASML about the administrative process. Registered holders of NY shares as of the close of business (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of time) on September 28, 2007 will be eligible for the capital repayment and will be notified of any procedures they must follow in connection with the reverse stock split and capital repayment. The repayment of EUR 2.04 per ordinary share will be made to Euroclear Nederland and the NY shares transfer agent and the reverse stock split will be effective on or about October 4, 2007, subject to the condition that creditors have not opposed the capital repayment. Payment received on account of NY shares will be converted into U.S. dollars and distributed (net of any fees and expenses) after such conversion of such funds by the transfer agent. The capital repayment is not subject to Dutch withholding tax The amount legally deducted from an employee's wages or salary by the employer, who uses it to prepay the charges imposed by the government on the employee's yearly earnings. . Shareholders with questions about their tax status are advised to consult their local tax advisor A tax advisor is a financial expert especially trained in tax law. Some countries require tax advisors to verify the balance sheets of companies above a certain size. Individuals usually require tax advisors to minimize taxation, to avoid learning the details of tax law in . On September 21, 2007, the mandatory opposition period for ASML's creditors will lapse and until this date, the record date is still conditional. Prior to the aforementioned record date, ASML will issue a press release, announcing whether any of its creditors has opposed the capital repayment. About ASML ASML is the world's leading provider of lithography systems for the semiconductor industry, manufacturing complex machines that are critical to the production of integrated circuits or chips. Headquartered in Veldhoven, the Netherlands, ASML is traded on Euronext Amsterdam and NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on under the symbol ASML. For more information, visit the website at ASML.com. |
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