Telenet details the payment of the extraordinary dividend
Shareholders approved the proposed extraordinary (gross) dividend of 7.90 per share;
- Payment scheduled for May 8, 2013 with stock trading ex-dividend as of May 3, 2013.
- Today, the annual general shareholders' meeting of Telenet Group Holding NV (Euronext Brussels: TNET) approved the proposed extraordinary (gross) dividend of 7.90 per share.
Payment details
- Ex date: May 3, 2013 - As of the opening of the stock exchange on May 3, 2013, the shares of Telenet Group Holding will be traded on NYSE Euronext Brussels ex coupon no. 7, which represents the right to receive the upcoming payment.
- Record date: May 7, 2013
- Payment date: May 8, 2013: The right to receive the payment will be represented by coupon no.7. The effective payment of the dividend for registered and dematerialized shares will occur on May 8, 2013. As of May 8, 2013, holders of bearer shares can obtain the payment at the branches
of ING Belgium (acting as the Company's paying agent) upon presentation of coupon no. 7.
- Withholding tax: The dividend payment is subject to 25% withholding tax under Belgian law. The amount of the net dividend can, however, differ for foreign shareholders depending on the double tax treaties between Belgium and the respective foreign countries. In order to benefit from the reduced withholding tax, shareholders will need to submit a fiscal attestation in this
respect to the Company's paying agent, at the latest 10 calendar days after the payment date.
