TERNA Energy: Without the right to collect the shares on the ATHEX. from 20/12

Those registered in the archives of the Intangible Assets System of the company on Tuesday, December 21, 2021 (record date) are beneficiaries of the distribution of profits and reserves of article 48 of law 4172/2013, as announced today by TERNA Energy SA.

From Monday, December 20, 2021, the shares of the Company will be traded on the Athens Stock Exchange without the right of collection, the listed company states in a relevant announcement and adds:

The payment will be made, in accordance with the provisions of the Athens Stock Exchange Regulations, on Monday, December 27, 2021 by the paying Bank “ALPHA BANK”, as follows:

1. Through the Participants of the beneficiaries in the DSS. (Banks and Stock Exchanges) in accordance with the regulations in force of EL.K.AT. and its relevant 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 DSS, 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”.

After 14-12-2022, the payment will be made only from the offices of the Company at the address ave. Mediterranean no. 85, 11526 Athens. Amounts that will not be collected within 5 years are barred in favor of the Greek State. For more information, Messrs. Shareholders can contact the Company’s Shareholder Services Department.

The company “TERNA ENERGIAKI SA” announces according to article 4.1.3.4 of the Regulations of the Athens Stock Exchange, that the Extraordinary General Meeting of the Company decided on December 14, 2021 the distribution of profits and reserves of article 48 of the law. .4172 / 2013 of the Company, for the years up to 31.12.2020, according to article 162 par. 3 of law 4548/2018, of a total amount of Euro 19,695,365.30, ie amount of Euro 0.1700000 per share and provided the authorization to the Board of Directors to decide on the specific conditions of implementation of the above decision and within the limits of this decision and in particular on the beneficiaries of the above financial distribution, the date of termination of the right, the start date of payment of the amount and any other topic. This amount is subject to withholding tax of 5%, according to article 24 of law 4646/2019 and therefore the shareholders will receive a net amount of 0.1615000 euros per share. This amount will be increased by the dividend corresponding to the 221,500 treasury shares held by the Company. Therefore the shareholders will receive a total amount of 0.170325641 euros per share, ie a total net amount of 0.161809359 euros per share.

The Board of Directors of the Company, during its meeting, determined the further terms of the distribution to the Shareholders, as they are described below:

Source From: Capital

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