Announcement of ex- dividend date / payment of interim dividend for the Year 2022


“THRACE PLASTICS CO S.A.” announces the distribution (payment) of interim dividend for fiscal year 2022 to the shareholders of the Company, of a total amount of 3,000,000.00 Euros (gross amount), corresponding to 0.0685848289

ΤHRACE PLASTICS CO S.A.

8.12.2022

 

Announcement of ex- dividend date /

payment of interim dividend for the Year 2022

 

 

The Société Anonyme under the name “THRACE PLASTICS HOLDING COMPANY COMMERCIAL SOCIETE ANONYME“ with the distinctive title “THRACE PLASTICS CO S.A.” (called as “Company” hereafter), hereby announces to the investor community, pursuant to the article 4.1.3.4 of the Athens Exchange Rulebook, that the Board of Directors of the Company, during its meeting of November 22nd, 2022 approved the distribution (payment) of interim dividend for fiscal year 2022 to the shareholders of the Company, of a total amount of 3,000,000.00 Euros (gross amount), corresponding to 0.0685848289 Euros per share (gross amount). The amount of the interim dividend per share that will be paid, will be increased by the amount corresponding to the treasury shares that the Company will hold at the interim dividend cut-off date.

 

The Company with a later announcement will provide further information regarding the precise amount of the interim dividend that will be paid per share, including the increase that corresponds to the treasury shares that the Company will hold on the cut-off date of the interim dividend.

 

The above amount of the interim dividend is subject to 5% tax withholding, in accordance with articles 40 par. 1 and 64 par. 1 of Law 4172/2013 (Government Gazette A΄ 167/23.07.2013), as in force after its amendment by Law 4646/2019 (Government Gazette A΄ 201/12.12.2019).

 

The distribution of the interim dividend is taking place after two (2) months from the registration in the General Electronic Commercial Registry (G.E.MI.) of the relevant announcement on the publication of the interim financial statements for the period 01.01.2022-30.06.2022 (First Half of the current fiscal year 2022).

 

Τhe Board of Directors of the Company, during its meeting of December 7th, 2022 set the following dates:

 

The cut-off (ex-dividend) date of the interim dividend was set for Monday, January 30, 2023.

 

Beneficiaries of the interim dividend for fiscal year 2022 are the shareholders registered in the Company’s records in the Dematerialized Securities System on Tuesday, January 31, 2023 (Record Date).

 

The payment (distribution) of the interim dividend will commence on Friday, February 3, 2023, and will be paid through the paying Bank "PIRAEUS BANK S.A." as follows:

 

  1. Through the participants in the Dematerialized Securities System (DSS) i.e. Banks and Brokerage/Securities Companies, according to the provisions of the DSS Operation Regulation of the Hellenic Central Securities Depository (ATHEXCSD) and the relevant decisions of ATHEXCSD.
  2. Especially in cases of payment of the interim dividend to the legal heirs of deceased entitled shareholders, whose securities are kept in the Special Account of their S.A.T. ID in the DSS under ATHEXCSD custody, the disbursement process will be facilitated, following completion of the inheritance procedural steps, through any branch of “PIRAEUS BANK” network.

 

It is clarified that according to the current applicable legislation, the right for the collection of the interim dividend amount expires on completion of a five year period (article 250 of the Civil Code, section 15) from the end of the fiscal year in which this right was created (i.e. for the said interim dividend of fiscal year 2022 the right for its collection expires on 31.12.2028) and following such time period the uncollected amounts will irrevocably be reimbursed to the Hellenic State in accordance with article 1 of legislative decree 1195/1942.

 

For any further information, the shareholders may contact the Investor Relations Department of the Company (at +30 210 9875081, e-mail: [email protected]).