Capital Repayment on June 23, 2000.Business Editors ROTTERDAM, The Netherlands--(BUSINESS WIRE)--June 22, 2000 Royal Nedlloyd, an international logistics The negotiating, planning, and implementation of supporting logistic arrangements between nations, their forces, and agencies. It includes furnishing logistic support (major end items, materiel, and/or services) to, or receiving logistic support from, one or more friendly foreign services provider, announced that the capital 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. 6 per share will be effectuated on June 23, 2000. As of June 23, 2000 the Nedlloyd shares will be listed at the new face value of EUR 1 per share. The share price on June 23 at opening of trading will be "ex capital repayment." The number of shares outstanding will remain equal. The record date to be entitled to the capital repayment has been fixed at June 22, 2000, after close of trading. As of June 23, 2000 the option series of Nedlloyd will be adjusted accordingly by Amsterdam Exchanges N.V. Amsterdam Exchanges will make further announcements on June 22, 2000, after close of trading. On June 16 and 17, 2000 Nedlloyd published an advertisement with further details in the main Dutch newspapers, the Financial Times and Das Handelsblatt. The total capital repayment amounts to EUR 140 million. The applied technique will not lead to dividend withholding taxes being payable by Nedlloyd or to additional taxation being payable by private shareholders who reside in the Netherlands. Royal Nedlloyd is an international logistics services provider. Nedlloyd's shares are listed on the Amsterdam and Frankfurt Stock Exchanges Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. and are traded in ADR ADR - Astra Digital Radio form in the US (symbol RNLGY in the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). OTC Market; each ADR is equal to one-half of an ordinary share). Nedlloyd ordinary shares may be accessed on Bloomberg under the symbol NLYN NA, on Quotron under NEDLN.EU and the Reuter Equities 2000 System under NYLN NYLN National Youth Leadership Network (Pierre, SD) .AS. Additional information is also available on Nedlloyd's home page: http://www.nedlloyd.com. |
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