Haslemere NV yesterday announced that, following the sale of the Princes Mall Shopping Centre which was announced on 7 May 2004, Haslemere NV will pay a distribution from the share premium reserve of £2.05 per ordinary €2.75 share.
With effect from yesterday the shares will be quoted ex-dividend.
The distribution will be payable in cash from 14 May 2004. The distribution will be paid in euros and for that purpose the sterling amount has been converted at the rate advised by the European Central Bank as per 7 May 2004 on its Internet site. This results in a total distribution of € 3.05 per share. The distribution is exempt from dividend withholding tax.
Shareholders will be informed of the details of the distribution through the institution (bank or broker) where their shares were administered on the record date. The record date will be at close of business of the Stock Exchange on 10 May 2004.