Regulated information, Leuven,
KBC Ancora does not pay out dividend for the financial year 2019/2020
The Board of Directors of Almancora Beheersmaatschappij/Société de gestion, statutory director of KBC Ancora, has decided not to pay an interim dividend or propose a final dividend for the financial year 2019/2020.
This decision follows the announcement by KBC Group that it withdraws its final dividend proposal for the financial year 2019 and cancels the planned purchase of own shares. It reflects the choice of the statutory director to adopt, like KBC Group, a cautious stance in the exceptional circumstances we are now experiencing.
With this new proposal KBC Ancora deviates from what was announced in its press release of
Since KBC Group in
The Board of Directors will propose to the General Meeting of Shareholders in
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KBC Ancora is a listed company that owns 18.6% of the shares in KBC Group and, together with Cera, MRBB and the Other Permanent Shareholders, it ensures shareholder stability and the further development of KBC group. As core shareholders of KBC Group, they have concluded a shareholders’ agreement for this purpose.
Financial calendar:
28 August 2020 Annual press release for the financial year 2019/2020
30 October 2020 General Meeting of Shareholders
This press release is available in Dutch, French and English on the website www.kbcancora.be.
KBC Ancora Investor Relations & Press contact:
Tel.: +32 (0)16 27 96 72
E-mail: jan.bergmans@kbcancora.be or mailbox@kbcancora.be
Attachment
- KBCA PB 20200402 E
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