Thrace Plastics and Commercial S A : Distribution of Interim Dividend for the Year 2021
September 30, 2021 at 02:22 am EDT
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THRACE PLASTICS CO. SA
30.09.2021
Distribution of Interim Dividend for the Year 2021
The Societe Anonyme under the name "THRACE PLASTICS HOLDING COMPANY COMMERCIAL SOCIETE ANONYME" with the distinctive title "THRACE PLASTICS CO S.A." (called as "Company" hereafter) in the context of providing the most accurate, valid and timely information towards the investor community and in application of the provisions of article 17 par. 1 of Regulation No. 596/2014 of the European Parliament and of the Council as of April 16th, 2014, as well as the article 4.1.3.1 of the Athens Exchange Regulation, informs the investors that the Board of Directors of the Company, during its meeting of September 25th, 2021 approved the distribution (payment) to the shareholders of the Company, of an interim dividend for the fiscal year 2021 based on the interim financial statements for the period 01.01.2021-30.06.2021.
The interim dividend accounts for a total amount of 4,750 thousand Euros (gross amount), corresponds to 0.1086 Euros per share (gross amount) and is subject to withholding tax of 5%, according to the provisions of Law 4646/2019 (Government Gazette A΄ 201/12.12.2019).
The amount of the interim dividend per share that will eventually be paid will be increased by the amount corresponding to the treasury shares that the Company will hold at the dividend cut-off date.
The distribution of the interim dividend will take place within two (2) months from the registration in the General Electronic Commercial Registry (G.E.MI.) of the relevant announcement on the publication of the interim financial statements for the period 01.01.2021-30.06.2021 (First Half of the current fiscal year 2021).
The date of identification of beneficiaries (record date), the cut-off date of the relevant right to the dividend, as well as the date of payment of the interim dividend will be announced after the submission of the above financial statements, according to the publication formalities provided by the current legal framework in G.E.MI., and following the completion of these formalities, which process is now in progress.
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Thrace Plastics Holding and Commercial SA published this content on 30 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 September 2021 06:21:05 UTC.
Thrace Plastics Holding and Commercial Societe Anonyme, formerly Thrace Plastics Co SA, is a Greece-based company engaged in the production and trade of plastic products, textiles and packaging materials. The Company's range of products are divided into three categories: Technical Fabrics & Fibers, which includes such products as woven and non-woven geotextiles, ground covers, crop covers, nets, roofing membranes, staple fibers, concrete reinforcement fibers, geogrids, Mega bag components and carpet and industrial yarns; Consumer Packaging, which offers plastic containers and lids, cups, tubs, bottles, bags for liquid packaging, as well as plastic packaging for food products, and Industrial Packaging, which includes ropes and twines, big bags, films, woven polypropylene bags, bags for heavy duty, pallet covers, and stretch hoods. The Company operates through its local and international subsidiaries.