DIVIDEND PAYMENT FOR THE YEAR 2022

18-05-2023

 

DIVIDEND PAYMENT FOR THE YEAR 2022

 

PAPOUTSANIS SA (the “Company”) announces that in accordance with the decision of the Ordinary General Meeting of shareholders on May 18th 2023, the dividend for the year 2022 was set at € 0,02 per share. Tax will be withheld at the distributed dividend at a rate of 5% according to articles 61, 62 and 64 of L.4172/2013, thus the net dividend payable will amount to € 0,019 per share.

The cut-off date from which the shares will be traded without the right to receive a dividend is set at May 22nd 2023.

Beneficiaries in the payment of dividend will be the shareholders who will be registered in the files of Dematerialised Securities System on May 23rd 2023 (Record Date). 

According to the above, the inception date of the dividend payment to the beneficiaries will be May 26th 2023.

The payment of the dividend will be made by the payer bank ALPHA BANK, through the operators of the securities accounts in the DDS as follows: 

1. Through the participants of the beneficiaries in the DDS (Banks and Stock exchanges companies), in accordance with the ATHEXCSD Regulation and the relevant decisions.

2. Especially in the cases of dividend payment to heirs of deceased beneficiaries whose titles are kept in the Special Account of their share in DDS, under the management of ATHEXCSD, the dividend payment process will be carried out after the completion of the legalization of the heirs. In addition, in case the beneficiary holds the titles in investment services firm under liquidation or in a special temporary transfer account, will be paid through the branch network of the paying bank.

The dividend payment process through ALPHA BANK’s network will be valid for one (1) year from payment date (ie May 26th 2024).

 It is reminded that dividends for the year 2022 which will not be collected until December 31st 2028 are barred in favor of the Greek State.

 For any information shareholders can contact the Shareholders Department of the Company, ph. +30 2262085000.

 

Vathi Avlidos, 18/5/2023

The Board of Directors