Eureko B.V. receives dividend payments
Eureko B.V. hereby announces that dividend payments from PZU SA, as agreed in the Settlement Agreement signed on 1 October 2009, have been received.
The receipt of the dividend is the trigger for Eureko formally to end the arbitration procedure based on the Treaty on the Encouragement and Reciprocal Protection of Investments between the Republic of Poland and the Kingdom of the Netherlands. This arbitration procedure had been suspended since May 2009 when Eureko and the Ministry of State Treasury started confidential negotiations.
Both parties regard this dividend payment as the first step of the Settlement Agreement reached on 1 October 2009. Subsequently, an Extraordinary Shareholder Meeting is scheduled for 2 December 2009, to decide on the Initial Public Offering (IPO) and on changes in the Articles of Association of PZU.
For further information, please contact:
Dutch and International media:
Bert Rensen, Press Officer Eureko
Phone: +31 65 163 57 28
Agata Strzalkowska, Compress
Phone: +48 60 930 14 35
Sandra van Gils, Investor Relations Manager Eureko
Phone: +31 61 362 84 23
Eureko is an unlisted leading insurance group that besides its home country The Netherlands, is also active in ten other European countries. Our core business is insurance – life, non-life and health – and services relating to pensions. Building on our cooperative roots, Eureko’s mission is to achieve balanced value creation for all stakeholders: customers, distribution partners, shareholders and employees. Over 2008 Eureko realised gross written premiums of almost 20 billion euros with about 25,000 employees.