Tuesday, June 27, 2000
Royal Ahold, the international food provider, today announced the adjustment of the conversion price of its 3% convertible subordinated notes due 2003 to NLG 61.84 (or EUR 28.06) from NLG 62.78 (or EUR 28.49) per common share of NLG 0.50 par value.
The adjustment comes after certain holders of Ahold's common shares decided to receive their 1999 final dividend in the form of common shares instead of EUR 0.35 per common share in cash.