On 8 August 2022, PostNL announced to pay an interim dividend over 2022 of €0.14 per ordinary share in cash or shares at the option of the shareholders.
Shareholders that elected dividend in shares will receive one PostNL ordinary share for every 15.5014 dividend rights. This represents a value of €0.14 per dividend right. The conversion rate has been determined on the basis of the volume-weighted average price of €2.1702 of all traded PostNL ordinary shares at Euronext Amsterdam on 25, 26 and 29 August 2022.
Shareholders representing 25% of the outstanding share capital have elected dividend to be paid in shares, resulting in the transfer of approximately 7,868,000 ordinary shares from the repurchased shares held.