Wolters Kluwer shareholders, gathered at the Annual General Meeting of Shareholders (AGM) in Amsterdam, today approved the proposed dividend as well as Executive and Supervisory Board appointments.
Wolters Kluwer will pay a dividend of EUR 0.55 (2001: EUR 0.53) per ordinary share in cash. Shareholders and depositary receipt holders can also choose to take their dividend in the form of ordinary shares or depositary receipts for ordinary shares. The stock dividend will be determined on April 25, 2003 (after close of trading). The dividend will be made payable as from April 29, 2003.
Outlook 2003 The outlook 2003, as published on March 11, was restated by Mr. Pieterse, Chairman of the Executive Board.
Appointment of Mr. B.L.J.M. Beerkens The shareholders appointed Mr. B.L.J.M. Beerkens (1963, Dutch nationality) as a Member of the Executive Board as from May 1, 2003. Mr. Beerkens joined Wolters Kluwer in November 2002 as Senior Vice President / Chief Financial Officer.
Supervisory Board Mr. J.V.H. Pennings (1934, Dutch nationality), Member of the Supervisory Board of Wolters Kluwer nv, has been reappointed by the Annual General Meeting of Shareholders. Mr. A.H.C.M. Walravens retired as a Member of the Supervisory Board because of the expiry of his term. The vacancy is not yet filled.
Note for the editor Wolters Kluwer is a multinational information services company with annual revenues (2002) of more than EUR 3.9 billion, employing almost 20,000 people in Europe, North America, and Asia Pacific. The company's core activities are Legal, Tax & Business, Health and Education. Wolters Kluwer's shares are quoted on the Euronext Amsterdam and are included in the AEX and Euronext 100 indices.
Announcements financial results: Trading update 1st quarter: May 14, 2003 Figures first-half 2003: August 12, 2003 Trading update 3rd quarter November 12, 2003