Amsterdam, 7 October 2010
Wessanen to end its ADR programme
Royal Wessanen nv announces that it will commence the termination of its American Depository Receipts ('ADR') programme. Since 1988, Wessanen sponsors a programme of ADRs managed by JP Morgan Chase Bank. For Wessanen, the benefits of the programme have decreased over time, especially since the divestment, earlier in 2010, of Tree of Life, Inc. and Wessanen's focus on the European organic food markets.
In recent years, the average daily trading volume of shares represented by ADRs has been relatively small and the majority of shares held by U.S. domiciled investors are acquired through NYSE Euronext Amsterdam.
About Wessanen
Royal Wessanen nv is a leading company in the European organic food market. Operating mainly in France, the Benelux, the UK and Germany, we manage and develop our brands and products in the grocery and health food channels. Our vision is to become the Organic+ food champion in our chosen markets, providing organic food that delivers clear consumer benefits. Next to our leading position in Organic+ food businesses, we also produce and market frozen snack products in the Benelux and fruits drinks and cocktail mixers in the US.
For more information, please contact
Carl Hoyer (VP Corporate Communications)
Phone +31 (0)20 3 122 140 / +31 (0)6 123 556 58
Email carl.hoyer@wessanen.com / investor.relations@wessanen.com
Important dates
28 October 2010: Publication of the third quarter results 2010
24 February 2011: Publication of the fourth quarter results 2010
19 April 2011: Annual General Meeting
28 April 2011: Publication of the first quarter results 2011
