Announcement of the exact payable amount of the interim dividend for the fiscal year 2022
The Société Anonyme under the name “THRACE PLASTICS HOLDING COMPANY COMMERCIAL SOCIETE ANONYME“ hereby announces to the investor community that the Board of Directors of the Company, during its meeting of November 22nd, 2022 approved the distribution
ΤHRACE PLASTICS CO S.A.
Announcement of the exact payable amount
of the interim dividend for the fiscal year 2022
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), with reference to its earlier announcement dated December 8th, 2022, hereby announces to the investor community, pursuant to the article 220.127.116.11 of the Athens Exchange Rulebook, that the Board of Directors of the Company, during its meeting of November 22nd, 2022 approved the distribution (payment) of interim dividend for fiscal year 2022 to the shareholders of the Company, of a total amount of 3,000,000.00 Euros (gross amount), corresponding to 0.0685848289 Euros per share (gross amount), which with the increase corresponding to the 751,396 treasury shares, which are held by the Company and in accordance with the law are excluded from the interim dividend distribution, will amount to 0.0697835797 Euros per share.
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).
Therefore, the final payable amount of the interim dividend for the fiscal year 2022 is 0.0662944007 Euro per share.
The cut-off (ex-dividend) date of the interim dividend, as it has been already announced, will be Monday, January 30, 2023.
Beneficiaries of the interim dividend for fiscal year 2022 are the shareholders registered in the Company’s records in the Dematerialized Securities System on Tuesday, January 31, 2023 (Record Date).
The payment (distribution) of the interim dividend will commence on Friday, February 3, 2023, and will be paid through the paying Bank "PIRAEUS BANK S.A.", according to the procedure that has been included in the relevant Company’s announcement dated December 8th, 2022.
It is noted that according to the current applicable legislation, the right for the collection of the interim dividend amount expires after a five year period (article 250 of the Civil Code, section 15), from the end of the fiscal year in which this right was created (i.e. for the said interim dividend of fiscal year 2022 the right for its collection expires on 31.12.2028) and following such time period the uncollected amounts will be irrevocably transferred to the Hellenic State in accordance with article 1 of legislative decree 1195/1942.
For any further information or important clarifications, the shareholders may contact the Investor Relations Department of the Company (at +30 210 9875081, e-mail: [email protected]).