Royal Vopak has purchased 300,000 of its own shares in the period from 28 April 2010 until 10 June 2010 at an average share price of EUR 30.66.
These shares are intended to cover future obligations as a result of the Long Term Incentive Plan for the Executive Board and senior management. The shares will be granted if specific financial performance criteria are met.
Profile of Royal Vopak
Royal Vopak is the world's largest independent tank storage service provider, specialized in the storage and handling of liquid chemicals, gasses and oil products. The company operates 80 terminals with a combined storage capacity of more than 28 million cubic meters in 31 countries. The terminals are strategically located for users along the major shipping routes. The majority of its customers are companies operating in the chemical and oil industries, for which Vopak stores a large variety of products destined for a wide range of industries.