Arcadis N.V.: Exchange ratio dividend Arcadis 1 new share for every 60.23 shares
2021 - Arcadis (EURONEXT: ARCAD), the leading global Design & Consultancy organization for natural and built assets, announces that the exchange ratio of the dividend of financial year 2020 has been determined.
At the General Meeting of Arcadis on 29 April 2021 the proposed dividend of € 0.60 per share was approved. Shareholders had the option to receive the dividend in cash or in shares.
The exchange ratio is 1 new share for every 60.23 shares. This is based on the volume weighted average share price of Thursday 13 May through Wednesday 19 May 2021 of € 36.1376 per share. This means that 60.23 shares will grant the right to receive 1 new share if the choice was made to receive the dividend in shares.
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Gisborne district council hamstrung on legislation when rating forestry blocks
16 May, 2021 11:50 PM
6 minutes to read
Gisborne District Council wants the Valuer General to address growing disparities between the rating valuation of forestry land and other land uses. Photo / Supplied-LDR
Gisborne District Council wants the Valuer General to address growing disparities between the rating valuation of forestry land and other land uses. Photo / Supplied-LDR
Local Democracy Reporter
As farms rapidly turn to forests, Gisborne district councillors say very low land valuations of forestry properties result in other ratepayers unfairly carrying the rates burden.
Gisborne s mayor says the tool used to rate forestry blocks is not realistic, while the deputy mayor says the district council is hamstrung on legislation.