Cryo Save Group NV: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Cryo-Save Group N.V. Recommends Dividend
Cryo-Save Group N.V. announced that the Board is recommending a dividend of EUR0.08 per share for the year ended December 31, 2011, (2010: EUR0.07), a 14% increase over last year. It will allow its shareholders to choose between a distribution in cash or in shares. Shareholders who do not opt to receive cash will automatically receive a dividend in shares. The number of shares to be received will be calculated by dividing the cash dividend with the reference share price (scrip dividend ratio). The reference share price is the average of the closing price for the Group's shares listed on NYSE Euronext Amsterdam for the ten dealing days commencing the first trading day after the date on which the shares are first quoted ex-dividend in respect of the relevant dividend. If approved at the Annual General Meeting on May 16, 2012, the dividend will be paid on June 14, 2012 to shareholders on the register at May 22, 2012. The ex-dividend date will be May 18, 2012.
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