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Flexopack: On July 11 the payment of a net dividend of 0.1292 euros per share

Flexopack announced that the Annual Ordinary General Meeting of Shareholders of June 10, 2022 unanimously approved the distribution (payment) to the shareholders of the Dividend Company of the closed profit for the year 2021 (01.01.2021-31.12.2021) and in particular approved the total payment amounting to 1,591,006.06 Euros (gross amount), ie amounting to 0.136 Euros per share of the Company (gross amount).

From the above amount, according to the relevant announcement of the company, is withheld based on articles 40 par. 1 and 64 par. 1 of law 4172/2013 (Government Gazette AD 167 / 23.07.2013), as in force after its amendment from article 24 of law 4646/2019 (Government Gazette AD 201 / 12.12.2019), the proportional tax at the rate of 5% (0.0068 Euros) and therefore the final amount of the dividend will amount to 0.1292 Euros per share (net amount), which is increased by the amount of the dividend corresponding to the 96,450 treasury shares held by the Company and which (treasury shares) are excluded from the dividend payment, in accordance with the provisions of article 50 of law 4548 / 2018.

Dividend cut-off date was set for Monday, July 4, 2022.

Beneficiaries of the dividend for the year 2021 are the shareholders registered in the files of the Intangible Securities System (DSS) on Tuesday, July 5, 2022 (record date).

The payment of the dividend will start on Monday, July 11, 2022 and will be made through the paying Bank “NATIONAL BANK OF GREECE SA” as follows:

1. Through the Participants of the beneficiaries in the DSS. (Banks and Stock Exchanges), according to the current Rules of Operation of EL.K.AT. and related ATHEXCSD decisions.

2. Especially in cases of dividend payment to heirs of deceased beneficiaries, whose titles are kept in the Special Account of their Share in the DSS, under the management of ATHEXCSD, the dividend payment process will be carried out after the completion of the legalization of heirs, through the branch network of NATIONAL BANK OF GREECE SA

It is reminded that dividends which will not be collected until December 31, 2027, are statute-barred (article 250 of the Civil Code, circa 15) and the relevant amounts are permanently transferred to the Greek State in accordance with article 1 of n.d. 1195/1942.

Source: Capital

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