New announcement for interim dividend for fiscal year 2019
Further to Hellenic Petroleum S.A. (the “Company”) previous announcement, dated 5 November 2019 for the distribution of an interim dividend of € 76,408,796, or € 0.25 per share, for the financial year 2019, the Company announces that under the provisions of the new law 4646/2019 and in particular the amendment of Articles 40 and 64 of the Income Tax Code, regarding the reduction of the dividend withholding tax rate from 10% to 5%, the net dividend paid amounts to EUR 0.2375 per share.
As stated in the previous announcement, the shares will trade ex-dividend on 07.01.2020; while 08.01.2020 was defined as the date of determination of the interim dividend, beneficiaries (record date). Interim dividend payment will take place on 14.01.2020.
The payment of the interim dividend will be conducted through National Bank of Greece S.A., as follows:
- Through the Dematerialized Securities System (DSS/SAT) operators, to beneficiary shareholders that have authorized their operators to receive payment.
- Through the network of the National Bank of Greece for all other beneficiary shareholders.
In order to collect the interim dividend through the paying bank’s network, beneficiary shareholders must produce the following:
- Valid ID
- Printout of DSS/SAT account information
Payment to a third party can only take place if there is an authorization stating the full personal information of both the beneficiary shareholder as well as the authorized person, verified for the authenticity of signature by a competent state authority.
The right to collect the interim dividend disperses if not collected, within a period of five (5) years from the end of the year that the corresponding right was established (Civil Code article 250, par. 15). Following such term, any relevant amount shall be remitted to the Hellenic Republic.
For additional information, shareholders may refer to the Shareholders Registry Department of HELLENIC PETROLEUM SA, Chimarras Str. 8A, Maroussi, (tel. +302106302979, +302106302980, fax: +302106302986, +302106302987).