Conversion rate dividend PostNL

11 May 2022, The Hague – PostNL announces conversion rate dividend.

On 19 April 2022, PostNL announced to pay a final dividend over 2021 of €0.32 per ordinary share in cash or shares at the option of the shareholders.

Shareholders that elected dividend in shares will receive one PostNL ordinary share for every 8.7450 dividend rights. This represents a value of €0.32 per dividend right. The conversion rate has been determined on the basis of the volume-weighted average price of €2.7984 of all traded PostNL ordinary shares at Euronext Amsterdam on 6, 9 and 10 May 2022.

Shareholders representing almost 30% of the outstanding share capital have elected dividend to be paid in shares, resulting in the transfer of approximately 16,359,000 ordinary shares from the repurchased shares held.

The dividend will be payable as of 12 May 2022.