The Société Anonyme under the name "THRACE PLASTICS HOLDING AND COMMERCIAL SOCIETE ANONYME" and with the distinctive title "THRACE PLASTICS CO. S.A." (hereinafter called as the "Company"), in accordance with the article 220.127.116.11 of the Regulation of the Athens Exchange, announces that the Annual General Meeting of Shareholders on June 18th, 2019, approved the distribution of dividend from the earnings of the closing fiscal year 2018 as well as from the earnings of previous fiscal years. Specifically the Meeting approved the payment of the amount 1,944,000.00 Euro (gross amount) or 0.044443 Euro per Company’s share (gross amount), which along with the dividend corresponding to the 4,324 treasury shares, which are held by the Company and are exempted from the dividend payment, will finally account for 0.044447 Euro per share. According to the article 40, paragraph 1 and article 64, paragraph 1 of Law 4172/2013 as it is currently in effect in view of its amendment by law 4603/2019, of the above dividend amount a tax of 10% will be withheld and as result the final payable amount of dividend will reach 0.0400023 Euro per share.
Thursday, June 20th, 2019 was set as the ex-dividend date. It is clarified that according to the Regulation of the Athens Exchange, the corporate actions take place in accordance with the rule of the “record date” and as result the shareholders entitled to the above corporate action (namely the distribution of dividend for year 2018) are the ones registered in the records of the Dematerialized Securities System (D.S.S.) on the relevant (record) date.
Therefore, shareholders entitled to the dividend as noted above are the ones registered in the D.S.S. on the record date, meaning on Friday, June 21st, 2019.
The payment of the dividend will commence on Wednesday, June 26th, 2019 and will take place through the paying Bank “PIRAEUS BANK SA” as follows:
1. Through the account operators (brokerage firms and banks) in the D.S.S. according to the paragraph 18.104.22.168 of the Regulation of the Athens Exchange and the article 39 of the Operating Regulation of D.S.S. for those shareholders who have authorized their account operators to collect the respective dividend.
2. Via the branch network of the paying Bank “PIRAEUS BANK S.A.” for the shareholders who have not granted or who have revoked their relevant authorization previously given to their account operators for the collection of the dividend according to the provisions of the Operating Regulation of D.S.S., or have their shares in the Special Account of their Investor Share.
3. Through a deposit made in an International Bank Account Number (IBAN) at which the investor has stated that he/she wishes to receive the distributed dividends according to the article 13 of D.S.S. Operating Regulation and the no. 6 Decision of the Board of Directors of the ATHEXCSD, as they are currently in effect, with regard to the investors who do not wish to receive the dividend via their account operators. It concerns only the investors who have submitted information concerning an IBAN to the paying Bank “PIRAEUS BANK S.A.”.
The collection of dividend with regard to the beneficiary shareholders under the case 2, is performed through the presentation of the Investor Share Code (I.S.C. at the D.S.S.) and the Identity Card, either in person or via a legally authorized representative, in any branch of the above mentioned paying Bank (in this case, the relevant authorization documents (certified for the authenticity of signature) of each beneficiary shareholder must be also presented).
After December 31st, 2019, the payment of the dividend 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 additional information, shareholders are kindly requested to contact the Shareholders’ Department of the Company, tel. +30 210 9875081.
It is reminded that the dividends which will not be collected until December 31st, 2024, will be waived (article 250 AK, sect. 15) and the respective amount will be transferred irrevocably to the Greek State according to the article 1, of P.D. 1195/1942.