Trivago announces ex-dividend date, updates effective date for ratio change

trivago announced that, in connection with the Company’s recently announced one-time extraordinary cash dividend of EUR 0.529228 per share, Nasdaq has determined that the ex-dividend date for the Extraordinary Dividend will be November 14, 2023. The payment of the distribution on the Company’s American Depositary Shares remains anticipated to be made on November 13, 2023, as previously announced by the Company. Since the payment of the Extraordinary Dividend represents more than 25% of the price of the Company’s ADSs, Nasdaq has determined that the Company’s ADSs will trade with “due bills” representing an assignment of the right to receive the Extraordinary Dividend from the record date of November 3, 2023 through the closing of The Nasdaq Stock Market on the payment date of November 13, 2023 . Thus, the Company’s ADSs will trade with this “due bill” and the assignment of the right to receive the Extraordinary Dividend during the Dividend Right Period until the Ex-Dividend Date of November 14, 2023, the first business day after the payment date. Additionally, as previously announced, the Company’s management board approved a change of ratio in the Company’s ADS program, comprising a change in the ratio of ADSs to the Company’s class A shares from one ADS representing one Share, to one ADS representing five Shares.