PostNL announces conversion rate dividend
The Hague, 8 May 2025 – On 16 April 2025, PostNL announced to pay a final dividend over 2024 of €0.04 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 21.7300 dividend rights. This represents a value of €0.04 per dividend right. The conversion rate has been determined on the basis of the volume-weighted average price of €0.8692 of all traded PostNL ordinary shares at Euronext Amsterdam on 5, 6 and 7 May 2025.
Shareholders representing around 24% of the outstanding share capital have elected dividend to be paid in shares, resulting in the issue of approximately 5,587,000 new ordinary shares.
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 dividend will be payable as of 9 May 2025
About PostNL
We are PostNL, here for everyone, bringing it all together for 225 years. With an extensive network of nearly 5,700 PostNL points, 10,000 letterboxes, and around 1,100 automated parcel lockers, also open to various carriers, along with millions of users of the PostNL app, we're always close by. We aim to be everyone's favourite deliverer by making it as easy as possible to send and receive parcels and mail. With over 32,000 colleagues working with us, we are part of society. On an average weekday, we deliver 1.2 million parcels and 6.3 million letters.
We optimise and support our physical networks through the use of smart digital solutions and introduce new propositions that add value for our customers. And aim for sustainable employment relationships by being a good employer to all people working with and for us. We focus on sustainability, making many journeys on foot and by bicycle, increasingly using cleaner fuels and electric vehicles, and offering innovative city logistics. PostNL N.V. is a publicly traded company with a turnover of €3.3 billion in 2024.