2 minutesHELLENIC PETROLEUM S.A. hereby announces, in accordance with article 4.1.3.4 of the ASE Rulebook, that the Company's Board of Directors decided during its meeting, that took place on 09.11.2017, to distribute a gross amount of euro 45,834,764 or euro 0.15 per share, excluding the 70,160 treasury shares, as interim dividend for the financial year 2017.
The interim dividend of the amount of euro 0.15 per share is subject to 15% withholding tax, according to the provisions of Law 4172/2013, as amended by Law 4387/2016 and currently in force, therefore, the net payable to shareholders amounts to euro 0.1275 per share.
The Company's Board of Director decided that the shares will trade ex-dividend on 4.12.2017, while 5.12.2017 was defined as the date of determination of the interim dividend beneficiaries (record date). Interim dividend payment (deducting applicable taxes and charges in accordance with the relevant law provisions) will take place on 11.12.2017.
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.
- By deposit, at their International Bank Account Number (IBAN), at which the beneficiary shareholder has declared that he wishes to receive cash distributions, in accordance with article 13 of the Regulation on the operation of the Dematerialized Securities System (DSS), and decision number 6 of the ATHEXCSD BoD, as in force, for those beneficiary shareholders that do not wish to collect through their operators. This only concerns beneficiary shareholders that have indicated a National Bank of Greece IBAN.
- Starting from 11.12.2017 through the retail network of the National Bank of Greece for all other beneficiary shareholders.
In order to collect the interim dividend through the paying bank’s retail network, beneficiary shareholders must produce the following:
- Valid ID
- Printout of DSS/SAT account information
- International Bank Account Number (IBAN) for the deposit of the funds, in line with the applicable framework on cash withdrawals and capital movement
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 Service Department of HELLENIC PETROLEUM SA, Chimarras Str. 8A, Maroussi, (tel. +302106302979, +302106302980, fax: +302106302986, +302106302987).