Number of shares
During the past year the total number of Recticel shares in issue has remained unchanged. No warrants were executed, nor were any shares purchased. The shares are listed on NYSE EuronextTM in Brussels.
At the end of October 2010 a ‘Corporate action’ took place where all outstanding VVPR-shares (1) were exchanged for an equal number of ordinary shares, plus a proportionate number of VVPR-strips. Holders of VVPR-strips benefited from a reduced withholding tax of 15% on the dividends that were paid on the ordinary shares (withholding tax of 25%). Since then the Recticel shares structure is as follows:
(1) VVPR = Reduced Withholding tax/Précompte Réduit.
Reuters code RECTt.BR - Bloomberg code REC.BB
The shares are either bearer (in denominations of 1, 10, 100 or 1 000 shares) or registered.
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