DIVIDEND PAYMENT FOR THE YEAR 2024
DIVIDEND PAYMENT FOR THE YEAR 2024
PAPOUTSANIS SA (the “Company”) announces that in accordance with the decision of the Ordinary General Meeting of shareholders on April 24th, 2025, the dividend for the year 2024 was set at 1.623.408,07€ € as total gross amount, of which 806.069,88€ were paid as interim dividend in November 2024. The remaining amount of the total gross dividend amounts to 817.338,19€. Since the own shares are exempt from dividend payment, the final amount of the dividend to be paid per share is € 0,0304588087 increased by the amount of the dividend corresponding to the own shares owned by the Company on 24.04.2025.
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 € 0,0289358682 per share.
The cut-off date from which the shares will be traded without the right to receive a dividend is set for 28th April 2025.
Beneficiaries in the payment of dividend will be the shareholders who will be registered in the files of Dematerialised Securities System on April 29th, 2025 (Record Date).
According to the above, the inception date of the dividend payment to the beneficiaries will be May 5th 2025.
The payment of the dividend will be made by the 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 5th May 2026).
It is reminded that dividends for the year 2024 which will not be collected until December 31st, 2030, 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, 24.04.2025
The Board of Directors