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ARCAF Arcadis NV - New York Registry Shares (MM)

0.00
0.00 (0.00%)
Pre Market
Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
Arcadis NV - New York Registry Shares (MM) NASDAQ:ARCAF NASDAQ Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

ARCADIS Intends a Stock Split of 1 for 3

03/03/2008 7:38am

PR Newswire (US)


Arcadis (NASDAQ:ARCAF)
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ARNHEM, the Netherlands, March 3 /PRNewswire-FirstCall/ -- ARCADIS (EURONEXT: ARCAD), the international consultancy, design, engineering and management services company today announced that it intends to ask shareholders for permission to split the company's stock in a 1 for 3 split. In relation with this, ARCADIS will organize a Special General Meeting of Shareholders on March 31, 2008, where a proposal to change the company's articles of association enabling a stock split, will be submitted to shareholders. The reason for the intended stock split is to increase tradability of the shares for both retail and institutional investors, also after the shares become included in the Midkap Index of Euronext Amsterdam after March 4, 2008. When the required number of shares is not present at the Special General Meeting of Shareholders, the proposal will again be scheduled for discussion at the General Meeting of Shareholders on May 7, 2008. After the stock split, the number of outstanding ARCADIS shares will increase to more than 60 million shares. ARCADIS is an international company providing project management, design, consultancy and engineering services to enhance mobility, sustainability and quality of life. Infrastructure - Environment - Buildings. ARCADIS develops, designs, implements, maintains and operates projects. For companies and governments. With more than 13,000 employees and over EUR1.5 billion in gross revenue. A multinational presence with an extensive international network and knowledge and experience that is internationally renowned. Focused on creating value for clients. Responsible and committed, thinking and acting. Results count. Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Those risks include, among others, risks associated with possible changes in environmental legislation and risks with regard to the Company's ability to acquire and execute projects. These and other risks are described in ARCADIS' filings with the Securities and Exchange Commission over the last 12 months, copies of which will be available from the SEC or may be obtained upon request from the Company. DATASOURCE: ARCADIS NV CONTACT: For more information contact: Joost Slooten of ARCADIS at +31-26-3778604, cell phone +31-6-2706-1880 or e-mail at . Visit us on the internet: http://www.arcadis-global.com/

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