Agenda for the coming Annual General Meeting of Shareholders 2018 on 17 April 2018
6 March 2018 – The Hague – PostNL N.V. publishes the agenda for the coming Annual General Meeting of Shareholders 2018 on 17 April 2018.
On the agenda are, amongst others, the discussion of PostNL’s annual report 2017, the approval of the financial statements 2017 and the proposal to pay the holders of ordinary shares dividend over the financial year 2017 of €0.23 per ordinary share in cash or shares at the option of the shareholders.
The Supervisory Board proposes to appoint Jan Nooitgedagt as member of the Supervisory Board and to reappoint Jacques Wallage as members of the Supervisory Board. The proposal to reappoint Mr Wallage has been made in accordance with the enhanced recommendation right of the Central Works Council. Furthermore, the Supervisory Board intends appointing Pim Berendsen as CFO and member of the Managing Board.
AgendaThe agenda and other relevant information can be found on our website:
https://www.postnl.nl/en/about-postnl/about-us/our-governance/shareholders-meeting.
The meeting will be held on Tuesday 17 April 2018 at 2:00 PM (CET) at Marriott hotel Den Haag, Johan de Wittlaan 30 (2517 JR) in The Hague.
DividendIf the above dividend proposal is adopted, the shares will be traded ex-dividend as of 19 April 2018. The dividend record date will be 20 April 2018. Shareholders will be given the opportunity to make their choice between cash and shares between 23 April 2018 and 7 May 2018. If no choice is made during this election period, the dividend will be paid in cash. The shares to be issued as stock dividend are paid out of additional paid in capital as part of the distributable reserves, free of withholding tax in the Netherlands. The number of share dividend rights entitled to one new common share will be determined based on the volume-weighted average price of all traded PostNL ordinary shares at Euronext Amsterdam on 3, 4 and 7 May 2018. The value of the stock dividend, based on this VWAP, will, subject to rounding, be targeted at but not be lower than the cash dividend. There will be no trading in stock dividend rights. The dividend will be payable as of 9 May 2018.
About PostNL
We are PostNL, the mail and logistics solutions provider for all. With our mail and parcel deliverers who get everywhere, our over 4,800 PostNL locations and 11,000 postboxes, we are always nearby. We aim to be our customers’ favourite deliverer by making it as easy as possible for them to send and receive parcels and letters. Our over 37,000 people are right at the heart of society. On weekdays, we deliver an average 1.2 million parcels and 8 million letters across the Benelux region. Our focus is on quality for our customers, creating opportunities for our people and adding value for our stakeholders through growth, digitalisation and sustainability initiatives.
We optimise and support our physical networks by using smart digital solutions and launching new propositions that create value for our customers. We build long-lasting working relationships by acting as a good employer and client for everyone who works for and with us. To make our deliveries as sustainable as possible, we cover a lot of kilometres on foot or by bicycle or e-bike, provide innovative city logistics, use cleaner fuels, and use electric vans and light electric trucks. PostNL NV is a listed company with revenues of €3.5 billion in 2021. We provide deliveries of mail and parcels, logistics solutions for e-commerce, and cross-border solutions.