Common Code
8646767
The Offering
Number of Ordinary Shares
offered for sale for the account
of the Company
Price per Ordinary Share
Start of subscription period
Expected close of subscription period
Expected Allocation Date
Expected Payment Date
Allotment
Lock-up
Dividend
Preferential Treatment
Option Schemes
Listing of Ordinary Shares
Security Code
ISIN Number
4,950,000
NLG 25
May 5, 1998.
May 8, 1998, 15.00 hours. ABN AMRO Rothschild
reserves the right to close the subscription period at an
earlier date.
May 11, 1998
May 14, 1998
ABN AMRO Rothschild reserves the right without
explanation to ignore subscriptions on allotment in
whole or in part. In the event of oversubscription,
allotment will be effected systematically, which means
that a reduction in numbers may then be applied.
The Company and the Association have agreed with
ABN AMRO Rothschild that, for a period of 12 months
as from the Payment Date, the Company will not issue,
sell or transfer Ordinary Shares in the Company's
capital, without prior written permission from ABN
AMRO Rothschild. See 'Underwriting and Sale'.
The Company aims to follow a stable dividend policy and
currently intends to implement a dividend policy aimed at
the payment of 25% to 35% of its operational result after
depreciation and result on transfer income and after
taxation. There is no guarantee that this result will be
sufficient to pay out dividend, or that the dividend will be
according to these percentages. The Ordinary Shares will
be entitled to the dividend for the financial year 1998/
1999 and subsequent financial years. Over the financial
year 1997/1998, no dividend will be paid. See 'Dividend
policy'.
Ajax personnel, members of the Association,
contributors to the Association, holders of season
tickets, members of the supporters' association of Ajax
and holders of the Ajax clubcard are allowed to
subscribe to the offering in advance, and qualify for
preferential treatment with regard to the allotment.
Ajax will implement option schemes for a large part of
its personnel. See 'Other information'.
Admission of all outstanding Ordinary Shares to the
Official Market of the AEX-Stock Exchange NV, has been
applied for. AEX-Stock Exchange NV, barring unforeseen
circumstances, aims to admit the Ordinary Shares one
trading day after the close of the subscription period,
which is expected to be May 11, 1998. Prior to this
Offering, there is no public market for the Ordinary
Shares.
01900
NL 0000019008