Royal Vopak follows an open information policy towards investors and other parties interested in the financial status of the company.
The purpose is to inform these stakeholders as fully and as early as possible about Vopak’s policies and changes within the company.
We refer to the IR policy regarding bilateral contacts with shareholders.
Vopak’s dividend policy targets to pay an annual stable to rising cash dividend in balance with a management view on a payout ratio range of 25-75% of the net profit excluding exceptional items attributable to holders of ordinary shares and subject to market circumstances.
The net profit excluding exceptional items that form the basis for dividends to be declared may be adjusted for instance for the financial effects of one-off events, changes in accounting policies, acquisitions, and divestments.
Pursuant to the Financial Supervision Act, a shareholding of 3% or more in a Dutch company must be disclosed. Vopak has received the following notifications concerning such holdings of ordinary shares.
|Shareholder||Ordinary shareholding||Date of notification|
|Sprucegrove Investment Management||>3.00%||18-11-2021|
|FTSE Classification||50 Cyclical Services|
|Economic group||59 Transport|
|Sector||597 Shipping & Ports|
|GICS Classification||20 Industrials|
|Industry group||50 Transportation infrastructure|
|Industry||30 Marine Ports & Services|