Tuesday, October 09, 2001
Ahold adjusts conversion price of convertible subordinated notes
Zaandam, The Netherlands, October 9, 2001 Ahold, the international food retail and foodservice company, today announced the adjustment of the conversion price of its 3% convertible subordinated notes due 2003 and its 4% convertible subordinated notes due 2005.
The adjustments are primarily caused by Aholds 2001 interim dividend, among others.
The conversion price of the 3% convertible subordinated notes due 2003 was adjusted to Euro 27.02, down from Euro 27.37 per common share of Euro 0.25 par value.
The conversion price of the 4% convertible subordinated notes due 2005 was adjusted to Euro 31.82, down from Euro 32.21 per common share of Euro 0.25 par value.