Retail Holdings N.V. Shareholders Approve $2.50 Per Share Distribution
WILLEMSTAD, Curacao, Sept. 27, 2012 /PRNewswire/ -- Retail Holdings N.V. (the "Company") (Symbol: RHDGF) announced that shareholders at the Company's Annual General Meeting today approved all of the pending proposals, including the recommendation to pay a distribution to shareholders of $2.50 per Common Share. The record date for shareholders to be entitled to receive the distribution is September 27, 2012; the distribution will be paid on or about October 11, 2012.
U.S. shareholders are advised that the characterization of the distribution, as to whether it is a dividend or a return on capital for U.S. Federal income tax purposes, cannot be finally determined until the year end at which time the Company will provide this information, but management now estimates that approximately $0.20 per Share represents a dividend and $2.30 per Share represents a return of capital.
Financial and other information about the Company including Retail Holdings' audited, consolidated financial statements and periodic reports may be found at the Corporate/Investor section of the Retail Holdings website: www.retailholdings.com.
For further information, please contact Amy Pappas at (914) 241-3404.
SOURCE Retail Holdings N.V.
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