Piraeus Financial S A : Announcement of dividend payment
July 08, 2024 at 01:43 pm
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Announcement of dividend payment
"PIRAEUS FINANCIAL HOLDINGS S.A." (the "Company") hereby announces that the Annual General Meeting of the Company's shareholders dated 28 June 2024, approved the distribution of an aggregate dividend amount of €0.06302662 per share.
The above dividend to be paid per share is increased by the dividend which corresponds to the Company's 2,608,759 own shares, which are not entitled to a dividend as per applicable law, hence the abovementioned gross dividend amount per share amounts to €0.06315840 per share.
The dividend amount is subject to a 5% withholding tax, pursuant to article 24 of the Law 4646/2019, which amended articles 40 and 64 of the Law 4172/2013, therefore the net payable amount will be €0.06000048 per share, where applicable.
Ex-dividend date will be Wednesday 10 July 2024, and thus from that date on, the shares of the Company will be traded on Athens Exchange without the right to receive the dividend.
Dividend beneficiaries are Company's shareholders registered in the electronic files of the Dematerialized Securities System (D.S.S.) dated Thursday 11 July 2024 (record date).
Following the above, dividend payment to the beneficiaries will commence on Tuesday 16 July 2024.
The payment of the dividend to the shareholders will be effected through the designated paying bank "Piraeus Bank S.A.", as follows:
Through the Participants in the Dematerialized Securities System (Banks and Brokerage/Securities Companies), according to the provisions of the DSS Operation Regulation of the Hellenic Central Securities Depository (ATHEXCSD) and its relevant decisions.
Especially in cases of payment 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 S.A. network.
It is clarified to shareholders that the right to collect the dividend disperses if not collected within a period of five (5) years from the end of the year that the corresponding right was born (article 250 of the Greek Civil Code, item 15) and that following such term, any relevant amount shall be reimbursed to the Hellenic Republic according to article 1 of legislative decree 1195/1942.
For additional information, shareholders may contact the Company's Shareholder's Registry department at tel. +30 210-3288737, +30 210-3366039 and +30 210-3739301.
Athens, 08 July 2024
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Piraeus Financial Holdings SA, formerly known as Piraeus Bank SA, is a Greece-based banking institute. It operates in the following main business segments: Retail Banking, Corporate Banking, Investment Banking, as well as Asset Management and Treasury. The Retail Banking segment includes the retail banking operations of the Bank and its subsidiaries, which are addressed to retail customers, as well as to small-medium companies, such as deposits, loans and letters of guarantee, among others. The Corporate Banking segment includes facilities related to corporate banking, provided by the Bank and its subsidiaries, addressed to maritime companies, such as syndicated loans, project financing and imports-exports, among others. The Investment Banking segment includes activities related to investment banking operations of the Bank and its subsidiaries, such as investment and advisory services, underwriting services and public listings, as well as stock exchange services, among others.