Dividend Announcement (9426F)
04 Mayo 2011 - 9:03AM
UK Regulatory
TIDMVKW
RNS Number : 9426F
Volkswagen AG
04 May 2011
Volkswagen Aktiengesellschaft
Wolfsburg
Payment of Dividend
Notice is hereby given to shareholders that following a
resolution passed at the Annual Ge-neral Meeting of shareholders
held on May 3, 2011 a dividend for the financial year ended 31(st)
December, 2010 will be paid, as from May 4, 2011 at the rate of EUR
2.20 per eligible ordi-nary share and EUR 2.26 per eligible
preferred share.
All payments will be subject to a deduction of German tax at a
rate of 25 per cent and a "solidarity contribution" of 5.5 per cent
on this amount and, in the absence of evidence as to the
recipient's non-residence in the United Kingdom, a further
deduction of United Kingdom income tax at a rate of 5 per cent.
The appointed paying agent in the United Kingdom is
Commerzbank London Branch
Corporates and Markets
60 Gracechurch Street
London
EC3V 0HR
Dividends will be paid in pounds sterling, calculated at the
official current exchange rate to the euro.
Under certain conditions, shareholders residing in the United
Kingdom can claim a partial refund of the deducted German tax and
the "solidarity contribution" in accordance with the double
taxation treaty between the United Kingdom and Germany. The German
tax and the "solidarity contribution" are chargeable in accordance
with that treaty is treated as a credit and can be set against the
income tax liability of a shareholder resident in the United
Kingdom. The Company's United Kingdom paying agent will, upon
request, provide shareholders or their agents with the appropriate
form to enable a refund request to be made to the German taxation
authorities.
Wolfsburg, May 2011 The Board of Management
This information is provided by RNS
The company news service from the London Stock Exchange
END
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