Dividend policy
With regard to Draka’s ordinary shares, the Company aims to distribute a
dividend equal to 30% of the result for the year attributable to shareholders
(excluding non-recurring items) after dividend on preference shares. A dividend
of € 0.37 per ordinary share was distributed to the ordinary shareholders for
2006. A dividend of € 0.68 per ordinary share is proposed for the financial year
2007. The dividend will be paid entirely in cash and be made payable on 2 May
2008. The proposed dividend equates with a pay-out percentage of 30% of the
result for the year attributable to shareholders excluding an exceptional tax
gain.
A dividend of approximately 7.1% is paid to the holders of preference shares in
issue. The total 2007 dividend on preference shares amounts to € 5.4 million.