Zaandam, the Netherlands - Ahold today announced the amount per share and reverse stock split ratio.

On March 27, 2014 after close of New York Stock Exchange trading hours, the reverse stock split will take place by way of a consolidation of every 13 existing shares with a nominal value of ?0.30 each, into 12 new shares with a nominal value of ?0.01 each against payment of ?1.14 per remaining share.

Provided that no objection to the capital repayment has been filed, the date for the capital repayment of ?1.14 per remaining share will be April 3, 2014.

For shareholders holding shares through Euroclear Nederland the record date for the capital repayment has been fixed at the close of trading hours on Euronext Amsterdam on April 1, 2014. The ex-date on Euronext Amsterdam will be March 28, 2014. Shareholders holding their shares with a bank or broker will be informed by their respective bank or broker. Shareholders registered in the register of Ahold will be informed by Ahold about the administrative process. Holders of American Depositary Receipts (ADRs) will be paid in U.S. dollars and must hold their ADRs after close of trading  in the United States on March 31, 2014.

Barring unforeseen circumstances, the timetable for the capital repayment and reverse stock split is therefore as follows:

March 28, 2014             ex-date
April 1, 2014                 record date for the capital repayment
April 3, 2014                 payment date

If the number of shares held by any one shareholder is not exactly divisible by 12, banks and brokers will round positions up or down, depending on the particular contractual arrangements between the bank or broker and the shareholder.

Enquiries:

  • Ahold Investor Relations, tel. +31 88 659 5213
  • ABN AMRO Corporate Broking, tel. +31 20 344 2000
Ahold payment share / reverse split ratio:
http://hugin.info/130711/R/1768751/601328.pdf



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ahold via Globenewswire

HUG#1768751