Investor Relations
Information to the shareholders
TNT wants to maintain good relationship with investors
GENERAL INFORMATION FOR SHAREHOLDERS
TNT aims to explain its strategy, business developments and financial results to investors. The CFO has the principal responsibility for investor relations with the active involvement of the CEO. The investor relations department organises presentations for analysts and institutional and retail investors, which can be viewed here.
TNT’s policy is to provide shareholders and other parties in the financial markets with equal and simultaneous information about matters that may influence the share price. The contacts between the Board of Management on the one hand and press and analysts on the other are carefully handled and structured, and the company will not engage in any acts that compromise the independence of analysts in relation to the company and vice versa. Briefings on quarterly results are given either via group meetings or teleconference and are both accessible by telephone or via the corporate website. Briefings are similarly given to update the market after each quarterly announcement. Briefing meetings with institutional shareholders may be held to ensure that the investment community receives a balanced and complete view of the company’s performance and the issues faced by the business.
In addition, TNT communicates with all of its shareholders and investors through the publication of the annual report, general meetings of shareholders, newsletters, press releases and the company’s corporate website. Analyst meetings can by way of webcasting at all times be reviewed by shareholders. The corporate website provides all relevant information with regard to dates of analyst meetings and procedures concerning webcasting. Analysts’ reports and valuations are not assessed, commented upon or corrected, other than factually, by the company. For further information visit TNT’s corporate website at group.tnt.com.
TNT does not pay any fee(s) to parties for carrying out research for analysts’ reports or for the production or publication of analysts’ reports with the exception of credit rating agencies.
The Board of Management has adopted investor relations and media guidelines with which all members of the Board of Management must at all times abide unless explicitly exempted by the CEO.
Contacts with the capital markets are dealt with by the members of the Board of Management, TNT’s investor relations professionals, and from time to time other TNT personnel specially mandated by the Board of Management.
The corporate website provides all information that is required to be published as well as access to shareholders’ circulars required for any approvals sought from the general meeting of shareholders.
The corporate website provides a summary of the resolutions of the general meetings of shareholders. The votes cast in relation to all resolutions are disclosed to the persons attending the meeting and the results of the voting are also published on this website.
As announced on 25 May 2007, TNT established that the benefits of its listing on the New York Stock Exchange (NYSE) and US registration had declined over time and that the costs and requirements for the listing were not justified by the low trading volume in its shares. As a result, on 18 June 2007 TNT delisted its American Depositary Receipts from the NYSE. As of that date TNT’s ordinary shares have been listed on Euronext Amsterdam only. Also on 18 June 2007, TNT filed a Form 15-F with the United States Securities and Exchange Commission to deregister and terminate its reporting obligations under the US Securities Exchange Act of 1934. By operation of law, TNT’s deregistration became effective 90 days after the filing, i.e. on 16 September 2007.
TNT is included in the AEX index, which normally consists of the top 25 companies in the Netherlands, ranked on the basis of their turnover in the stock market and free float. In 2007, 611 million TNT shares were traded on Euronext Amsterdam (2006: 511 million).