HB: Final results 2008 – Proposed dividend €0,02 – Reinvestment plan
27/3/2009 10:28
Hellenic Bank Public Company Ltd announces that at the meeting held today, the Board of Directors approved the final results for the year ended December 31, 2008. The results are attached.
It is noted that copies will be available at the new Headquarters of the Bank, Limassol Avenue and 200 Athalassas Avenue Corner, Nicosia (5th floor – Accounts Office). The results are also available on the Company’s website, www.hellenicbank.com.
DIVIDEND
The Board of Directors decided to propose to the AGM the payment of a final dividend of €0.02 per share for 2008. The ex-dividend date will be May 27, 2009. Transactions carried out until Tuesday, May 26, 2009 (inclusive) will be cum-dividend. The final dividend will be paid to the shareholders on Monday, June 29, 2009.
The Board of Directors also decided that the shareholders will have the right to choose whether they wish to reinvest the net sum of the final dividend or part of it in bank’s shares. The basis for the reinvestment will be the average share price, that is, the average closing price of the share in the CSE in the first five business days of its trading from the ex-dividend minus a discount of 15%.
It is noted that copies will be available at the new Headquarters of the Bank, Limassol Avenue and 200 Athalassas Avenue Corner, Nicosia (5th floor – Accounts Office). The results are also available on the Company’s website, www.hellenicbank.com.
DIVIDEND
The Board of Directors decided to propose to the AGM the payment of a final dividend of €0.02 per share for 2008. The ex-dividend date will be May 27, 2009. Transactions carried out until Tuesday, May 26, 2009 (inclusive) will be cum-dividend. The final dividend will be paid to the shareholders on Monday, June 29, 2009.
The Board of Directors also decided that the shareholders will have the right to choose whether they wish to reinvest the net sum of the final dividend or part of it in bank’s shares. The basis for the reinvestment will be the average share price, that is, the average closing price of the share in the CSE in the first five business days of its trading from the ex-dividend minus a discount of 15%.
