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Announcement of the decision of an Interim Dividend Distribution for the Year 2023


THRACE PLASTICS CO S.A. hereby announces to the investor community that the BoD of the Company approved the distribution (payment) of an interim dividend of a total amount of 3,000,000.00 Euros (gross amount), corresponding to 0.0685848289 Euros per share

ΤHRACE PLASTICS CO S.A.

28.9.2023

 

The Société Anonyme under the name “THRACE PLASTICS HOLDING COMPANY COMMERCIAL SOCIETE ANONYME“ with the distinctive title “THRACE PLASTICS CO S.A.” (called as “Company” hereafter), hereby announces to the investor community, in application of the provisions of article 17 par. 1 of Regulation No. 596/2014 of the European Parliament and of the Council as of April 16th, 2014 and pursuant to the article 4.1.3.1 of the Athens Exchange Rulebook (as in force in accordance with the decision of 195/01.08.2023 of the Management Committee (M.C.) of the Athens Exchange, which was approved by the decision no. 1/992/04.08.2023 of the Hellenic Capital Market Commission Official Gazette B/5024/09.08.2023), that the Board of Directors of the Company, in its meeting of September 25th, 2023, approved the distribution (payment) of an interim dividend to the shareholders of the Company from the current fiscal year 2023 earnings, of a total amount of 3,000,000.00 Euros (gross amount), corresponding to 0.0685848289 Euros per share (gross amount).

 

The amount of the interim dividend per share to be paid, will be increased by the amount corresponding to the treasury shares that the Company will hold at the interim dividend cut-off date. The Company with a later announcement will provide further information regarding the exact amount of the interim dividend per share to be paid, including the increase which will correspond to the treasury shares that the Company will hold at the cut-off date of the interim dividend.

 

The above amount of the interim dividend is subject to 5% withholding tax, in accordance with articles 40 par. 1 and 64 par. 1 of Law 4172/2013 (Government Gazette A΄ 167/23.07.2013), as in force after its amendment by Law 4646/2019 (Government Gazette A΄ 201/12.12.2019).

 

The distribution of the interim dividend is taking place after two (2) months from the registration in the General Electronic Commercial Registry (G.E.MI.) of the relevant announcement on the publication of the interim financial statements for the period 01.01.2023-30.06.2023 (First Half of the current fiscal year 2023).

 

 

The Board of Directors of the Company with a later decision will set: (a) the cut-off date of the relevant right to the dividend distribution, (b) the date of identification of beneficiaries (record date) of the interim dividend, and (c) the date of payment of the interim dividend to the beneficiaries, as well as the paying bank, through which the interim dividend will be paid to the beneficiaries. The relevant new announcement, regarding the exact dates, will be released promptly, in accordance with the Athens Exchange Rulebook.

 

For further clarifications or information regarding the present announcement, please contact the Investor Relations and Corporate Announcements Department, landline: +302109875081 and email: [email protected].