Program of intended corporate actions

According to the Athens Stock Exchange's regulations, the management of Babis Vovos International Construction S.A., announces its calendar of intended corporate actions for 2006:

03/03/2006: Release of Full Year 2005 Financial Statements.
03/03/2006: Conference Call for the FY 2005 Financial Statements.
29/06/2006: Annual General Meeting of Shareholders.
03/07/2006: Ex-dividend Date.
11/07/2006: Dividend payment date (The dividend will be distributed through a bank. Further details will be announced in a new company press release).

Note: The Annual General Meeting of Shareholders (29/06/2006) and the ex-dividend date (03/07/2006) follow the expiration of derivatives products on the FTSE / ASE - 40 and the EPS150 (16/06/2006) in which the company's share is included.The Board of Directors of the Company has decided to propose a dividend payout of Eur 13,572,000 or Eur 0.40 per share, at the AGM.


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