The Societe Anonyme with the name "THRACE PLASTICS HOLDING AND COMMERCIAL SOCIETE ANONYME" and the distinctive title "THRACE PLASTICS CO. S.A." (hereinafter referred to as "Company") announces, in accordance with paragraph 188.8.131.52 of the Athens Exchange Regulation, that by decision of the Extraordinary General Meeting of shareholders of December 14, 2020 it was approved, in accordance with the provisions of article 162 par. 3 of Law 4548 / 2018, the monetary distribution from previous years’ earnings and in particular it was decided the monetary distribution of a total amount of 2,500,262.00 Euros (gross amount), i.e. 0.05716 Euros per share of the Company (gross amount), which with the corresponding increase the 322,688 treasury shares, which are held by the Company and which are excluded from the monetary distribution, will amount to 0.05758 Euros.
From the above amount is deducted based on articles 40 par. 1 and 64 par. 1 of Law 4172/2013, as in force after its amendment by Law 4646/2019, the corresponding tax of 5% and therefore the final paid amount of the monetary distribution will settle at 0.054701 Euros per share.
The cut-off (ex-dividend) date of the monetary distribution was set for Thursday, December 17, 2020. Therefore, the beneficiaries of the above monetary distribution are those shareholders registered in the records of the Dematerialized Securities System (DSS) which is managed by the company “Hellenic Central Securities Depository Societe Anonyme” at the record date, i.e. Friday, December 18, 2020.
The payment of the monetary distribution will start on Wednesday, December 23, 2020 and will be made through the paying Bank "PIRAEUS BANK S.A." as follows:
1. Through the DSS operators, according to paragraph 184.108.40.206 of the Athens Exchange Regulation and article 39 of the DSS Operating Regulation, for the shareholders who have authorized their operators for the collection of the distribution.
2. Through the branch network of the paying Bank "PIRAEUS BANK S.A." for those shareholders who have not provided or have revoked the relevant authorization to their operators for the collection according to the provisions specifically defined in the Operating Regulation of DSS or have their shares in the Special Account of their Investor Share.
3. By deposit in the International Bank Account Number (IBAN), where the investor has stated that he/she wishes to collect the distributed amounts in accordance with article 13 of the Operating Regulation 2 of DSS and the no. 6 Decision of the Board of Directors of ATHEXCSD, as applicable, for investors who do not wish to receive the respective amounts through their operators. It concerns only investors who have declared an IBAN to the paying Bank "PIRAEUS BANK SA".
The collection of the monetary distribution from the beneficiaries in the above case 2 is carried out with the notification of K.A.M.E. (Investor Share Number at DSS) and the presentation of the Police Identity Card, either in person or through their legally authorized representative, in any branch of the above paying Bank (in this case, relevant authorizing documents will be submitted with of the original signature of the respective beneficiary).
After December 31st, 2021, the payment of the monetary distribution will be taking place at the Company’s offices, in Alimos, County of Attiki (20 Marinou Antypa Str., P.C. 17455, tel. +30 210 9875081, Person in charge: Ms. Ioanna Karathanasi).
For more information, shareholders are kindly requested to contact the Company's Shareholder Service Department during working days and hours on the above contact telephone.
It is reminded to shareholders that any amounts that will not be collected until December 31, 2025, are statute-barred (article 250 of the Civil Code, section 15) and the relevant amounts are permanently transferred to the Greek State in accordance with article 1 of legislative decree 1195/1942.