ARCADIS (EURONEXT: ARCAD), the international consultancy, design and engineering company, today announced that the Company's Annual General Meeting of Shareholders has agreed to the changes in the Articles of Association of the firm that will allow for the one for three stock split to be executed.
In order to effectuate the stock split, on May 15, 2008, after the
stock exchange has closed, the nominal value of each share will be
increased to EUR 0.06. Directly afterwards, each share will be split into
three shares with a nominal value of EUR 0.02 each ('new shares'). Starting on May 16, 2008, the 'new shares' will be traded on Euronext Amsterdam.
ARCADIS is an international company providing consultancy, design
engineering and management services in infrastructure, environment and
buildings, to enhance mobility, sustainability and quality of life. ARCADIS
develops, designs, implements, maintains and operates projects for
companies and governments. With more than 13,500 employees and over EUR1.5 billion in gross revenue, the company has an extensive international network that is supported by strong local market positions.
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.
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