UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

June 9, 2015

Koninklijke Philips N.V.
———————————————————————————————————
(Translation of registrant’s name into English)
 
The Netherlands
———————————————————————————————————
(Jurisdiction of incorporation or organization)
 
Breitner Center, Amstelplein 2, 1096 BC Amsterdam, The Netherlands
———————————————————————————————————
(Address of principal executive office)
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:  [x] Form 20-F    [ ] Form 40-F
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  [ ]
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  [ ]
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:  [ ] Yes    [x] No
 
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):    n/a 
 

This report comprises a copy of the following press release: “Philips announces exchange ratio for 2014 dividend in shares”, dated June 9, 2015.
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
    Koninklijke Philips N.V.
     
Date: 9 June 2015 By: /s/ M.J. van Ginneken

  Name:  M.J. van Ginneken
  Title: General Secretary
     

EXHIBIT INDEX

Exhibit No.   Description

 
99   press release
     



Press Information

June 9, 2015

Philips announces exchange ratio for 2014 dividend in shares

Amsterdam, the Netherlands – Royal Philips (NYSE:PHG, AEX:PHIA) today announced that the exchange ratio for the dividend in shares for the year 2014 has been determined. The exchange ratio is 1 new common share for every 30.5329 existing common shares. This ratio was based on the volume weighted average price on NYSE Euronext Amsterdam of June 3, 4 and 5, 2015, of EUR 24.3963 and was calculated in a manner that the gross dividend in shares is approximately equal to the gross dividend in cash.

Both the dividend in cash and the dividend in shares will be made payable to shareholders from June 10, 2015. Dividend in shares is subject to 15% dividend withholding tax, but only in respect of the par value of the shares (EUR 0.20 per share). The dividend withholding tax per new share is EUR 0.03, which was taken into account in the calculation of the exchange ratio.

For 59.2% of the shares, an election was made for a share dividend and 17,671,990 new common shares were issued, resulting in a 1.9 % dilution. Following the payment of the dividend on June 10, 2015, the total issued share capital of Philips amounts to EUR 190,498,281 and represents 952,491,402 ordinary shares.

For further information, please contact:

Steve Klink
Philips Group Communications
Tel.: +31 6 1088 8824
E-mail: steve.klink@philips.com

Vanessa Bruinsma-Kleijkers
Philips Investor Relations
Tel.: +31 20 5977447
Email: investor.relations@philips.com

About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a diversified health and well-being company, focused on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2014 sales of EUR 21.4 billion and employs approximately 108,000 employees with sales and services in more than 100 countries. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming and oral healthcare. News from Philips is located at www.philips.com/newscenter.

Koninklijke Philips NV (NYSE:PHG)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Koninklijke Philips NV Charts.
Koninklijke Philips NV (NYSE:PHG)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Koninklijke Philips NV Charts.

Koninklijke Philips Nv News

Delta Generates US$37 Million Profit in Q1, Google and Intel Unveil Cutting-Edge AI Chips, and More News
Wednesday 10 April 2024 (3 weeks ago) • IH Market News
Philips Respironics reaches agreement with US government on a consent decree creating a clear path forward
Wednesday 10 April 2024 (3 weeks ago) • GlobeNewswire Inc.
Apple Terminates 614 Employees, Disney Unveils June Crackdown on Password Sharing, and More Updates
Friday 5 April 2024 (3 weeks ago) • IH Market News
Philips Foundation and March of Dimes partner to improve prenatal care access in underserved communities, helping address US maternal and infant health challenges
Friday 5 April 2024 (3 weeks ago) • GlobeNewswire Inc.
Philips Norelco Taps Actor Adam Scott for New Campaign
Wednesday 3 April 2024 (4 weeks ago) • PR Newswire (US)
Philips convenes the Annual General Meeting of Shareholders 2024
Friday 22 March 2024 (1 month ago) • GlobeNewswire Inc.
Leading in health technology innovation: Philips one of the top patent applicants at European Patent Office
Tuesday 19 March 2024 (1 month ago) • GlobeNewswire Inc.
Philips Sonicare Encourages Life-Long Healthy Habits with New Power Toothbrush for Kids
Wednesday 13 March 2024 (2 months ago) • PR Newswire (US)
Philips and AWS collaborate to scale digital pathology in the cloud, enhancing diagnostic capabilities and improving productivity
Tuesday 12 March 2024 (2 months ago) • GlobeNewswire Inc.
Philips Avent launches new brand positioning in North America, Share the Care, leveraging the Daylight Saving time change to share a powerful message about supporting mothers
Tuesday 12 March 2024 (2 months ago) • PR Newswire (US)
Health technology leader Philips recognized as Clarivate Top 100 Global Innovator
Wednesday 6 March 2024 (2 months ago) • GlobeNewswire Inc.
Bringing confident diagnosis to more patients at low cost: Philips launches new AI-enabled CT 5300 at #ECR2024
Thursday 29 February 2024 (2 months ago) • GlobeNewswire Inc.

More Koninklijke Philips Nv News Articles