Hellenic Bank: Preliminary results 2008 – Dividend of €0.02
26/2/2009 18:20
Further to the meeting of the Board of Directors of Hellenic Bank Public Company Ltd held on February 26, 2009, we attach the indicative results for the year ended December 31, 2008.
Taking into account the market conditions, the paid interim dividend and the results, the Board of Directors decided to propose to the AGM the payment of a final dividend of €0.02 per share for 2008. The final dividend together with the interim dividend of €0.05 paid in October 2008 pushes the total dividend for 2008 to €0.07.
The record date will be May 29, 2009, while 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%.
Note: Any fractional balances until 4/10 will be ignored, while for the balances from 5/10 onwards, 1 share will be allocated.
It is noted that the indicative results will be published in newspaper “Phileleftheros” on February 27, 2009.
Taking into account the market conditions, the paid interim dividend and the results, the Board of Directors decided to propose to the AGM the payment of a final dividend of €0.02 per share for 2008. The final dividend together with the interim dividend of €0.05 paid in October 2008 pushes the total dividend for 2008 to €0.07.
The record date will be May 29, 2009, while 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%.
Note: Any fractional balances until 4/10 will be ignored, while for the balances from 5/10 onwards, 1 share will be allocated.
It is noted that the indicative results will be published in newspaper “Phileleftheros” on February 27, 2009.
