‘s-Hertogenbosch (the Netherlands), 8 May 2023 – Business & Cloud Integrator Ctac N.V. (Ctac) (Euronext Amsterdam: CTAC) today announces the conversion ratio of the stock dividend for the 2022
financial year.
With reference to the publication dated 2 March 2023, as published on www.ctac.nl, in which shareholders were offered the choice of receiving the dividend for the 2022 financial year entirely in cash or in shares, such to be charged to the profit for the 2022 financial year, the number of dividend rights that entitle shareholders to one new Ctac N.V. share with a nominal value of € 0.24 has been set at 32.7279. On the basis of this conversion ratio, the stock dividend corresponds with the cash dividend of € 0.12 per share.
The conversion ratio is based on the volume weighted average share price of all Ctac N.V. shares traded on the days 4, 5 and 8 May 2023.
Ctac will pay the cash dividend and deliver ordinary shares on the basis of the conversion of dividend rights from 15 May 2023.
