CTO: Final results 2010 – Proposed div of €0.005 – AGM on 27/5
29/4/2011 11:05
Pursuant to the CSE and SEC Regulations and in order to fully inform the shareholders and the investing public in general, CTO Public Company Ltd announces that:
At the meeting held on April 28, 2010 at 10.00 am at the Company’s registered office, the Board of Directors examined and approved the final results for 2010.
a. Final results
The net profit after taxation stands at €1,210,589 after the deduction of tax.
The results are attached. Copies will be available at the Company’s office, 2 Kleomenous, 1061 Nicosia.
b. Dividend
The Board of Directors decided to propose to the AGM the payment of a dividend for 2010 of €0.005 per ordinary share of nominal value €0.09, that is, 5.56% on the nominal value of the ordinary share.
c. General Meeting
The Board of Directors decided that the Annual General Meeting will take place on May 27, 2011 at the Company’s Head Office, Larnaca Free Zone.
At the meeting held on April 28, 2010 at 10.00 am at the Company’s registered office, the Board of Directors examined and approved the final results for 2010.
a. Final results
The net profit after taxation stands at €1,210,589 after the deduction of tax.
The results are attached. Copies will be available at the Company’s office, 2 Kleomenous, 1061 Nicosia.
b. Dividend
The Board of Directors decided to propose to the AGM the payment of a dividend for 2010 of €0.005 per ordinary share of nominal value €0.09, that is, 5.56% on the nominal value of the ordinary share.
c. General Meeting
The Board of Directors decided that the Annual General Meeting will take place on May 27, 2011 at the Company’s Head Office, Larnaca Free Zone.
