Space Hellas: On July 14, the cut-off of the right to the dividend of 0.114 euros per share

From Thursday, July 14, 2022, Space Hellas shares will be traded on the Athens Stock Exchange without the right to collect the dividend of a gross amount of 774,783.60 euros, i.e. a gross amount of 0.12 euros per share, decided by the company’s regular General Assembly on June 22.

From the above gross amount, the prescribed rate tax of 5% is withheld, therefore the amount of the dividend that the shareholders will receive will amount to a net amount of 0.114 euros per share.

Beneficiaries of the above dividend, based on the rule for determining beneficiaries (record date) are those registered in the S.A.T. investors managed by the “Hellenic Central Securities Depository” on Friday July 15, 2022. From Thursday July 14, 2022 (cut-off date), the company’s shares will be traded on the Athens Stock Exchange without the right to collect the dividend.

The payment of the dividend to the beneficiaries will begin on Thursday, July 21, 2022 by the paying Bank “ALPHA BANK AE” as follows:

Through the participants of the beneficiaries in the S.A.T., in accordance with the applicable Regulations of the EL.K.A.T. and its relevant decisions.

Especially in cases of dividend payment to heirs of deceased beneficiaries whose securities are held in the Special Dividend Account at S.A.T. under the management of ATHEXCSD, the dividend payment process will be carried out after the completion of the legalization of the heirs, through the network of “ALPHA BANK AE”

It is clarified that the right to collect the dividend is time-barred after the lapse of five years (AK 250 para. 15) from the end of the year in which the claim arose (ie until December 31, 2027). After the relevant statute of limitations, the amounts are definitively transferred to the Greek State in accordance with article 1 of the n.d. 1195/1942.

For more information please contact Mr. Shareholders should contact the company’s Shareholder and Corporate Announcements Service Unit at tel: 210-6504458, email: [email protected].

Source: Capital

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