PAYMENT OF DIVIDEND FROM THE PROFITS OF 2016 AND INTERIM DIVIDEND FROM THE PROFITS OF 2018

Vassiliko Cement Works Public Company Ltd announces that at the meetings of the Board of Directors and the Extraordinary General Meeting of the shareholders of the Company, held on the 4^th of October 2018, the following were resolved:

 

Board Meeting Resolution

 

The Board of Directors approved the payment of an interim dividend from the profits of 2018 of €2.158.078,41 corresponding to €0,03 per share.

 

Extraordinary General Meeting Resolution

 

The Extraordinary General Meeting of the shareholders of the Company approved the payment of a dividend, from the profits of 2016, of €4.675.836,56 (which is included in the Retained Earnings Reserve of the Company) corresponding to €0,065 per share.

 

The dividends, interim dividend out of the profits of year 2018 and dividend out of the profits of 2016, amounting to €0,095 per share, will be paid to the entitled shareholders of the Company who will be registered at the CSE registry as at 17^th October 2018 (record date).  As a result, the 16^th of October 2018 is determined to be the ex-dividend date, date from which the shares of the Company will be traded at the CSE without the right to the dividend.  

 

Investors that will purchase shares at the CSE by the close of business on 15^th October 2018 (Last Cum Date) will be entitled to the dividend.  It is noted that shareholders entitled to the dividend will also be the holders of shares through an off exchange transfer to be completed by the record date. 

 

Payment of the dividends will be made (effected) until the 13^th November 2018.