Quest Holdings SA (the "Company") announces that the Annual Ordinary General Meeting of June 15, 2022, decided to distribute dividend after excluding from this process the treasury shares held by the Company.
It is noted that the Company distributed interim dividend amounting to € 1,25 (gross amount) per share on the 35.740.896 shares of the Company, which, as per resolution of the Extraordinary General Meeting held on February 28, 2022, were split (split: 1 old share for 3 new shares) into 107.222.688 new shares. In accordance with the resolution of the Annual Ordinary General Meeting of June 15, 2022, the distribution of dividend of € 0,15 (gross amount) for the new shares was decided.
On February 7, 2022, the Company distributed interim dividend of € 1,25 per share (gross amount) on the 35.740.896 shares of the Company, as advance payment for the fiscal year 2021 dividend. As a result, the remainder dividend for the fiscal year 2021 amounts to € 0,15 (gross amount per share) € 0,1425 (net amount after 5% tax withholding) on the 107.222.688 shares that resulted from the abovementioned split, after considering the increase due to the treasury shares held by the Company.
It is noted that the adjusted (based on the number of new shares) dividend for fiscal year 2021 amounts to € 0,4167 per share and concerns the interim dividend plus € 0,15 per share, namely a total amount of € 0,5667 per share (gross amount).
The remainder dividend is subject to a 5% tax withholding pursuant to articles 40 and 64 of the Law 4172/2013 (Government Gazette A 167/ 23.07.2013), as amended with the Law 4646/2019, article 24 (Government Gazette A 201/ 12.12.2019). As a result, the net payable amount for fiscal year 2021 will be € 0,1425 per share.
As of Friday, June 17, 2022, the Company's shares will be traded on the Athens Stock Exchange without entitlement to the above distribution (ex-dividend date). Entitled to receive the dividend shall be all shareholders recorded in the register of the Dematerialized Securities System (DSS) administered by the "Hellenic Central Securities Depository S.A." as at Monday, June 20, 2022 (record date).
The dividend payment date has been set for Thursday, June 23, 2022 through the payor bank Alpha Bank as follows:
1. Through the participants in the DSS (Banks and Brokerage/Securities Companies), according to the provisions of the DSS Operation Regulation of the Hellenic Central Securities Depository (ATHEXCSD).
2. Especially in cases of payment of the dividend to the legal heirs of deceased entitled shareholders, whose securities are kept in the Special Account of their S.A.T. ID in the DSS under ATHEXCSD custody, the disbursement process will be facilitated, following completion of the inheritance procedural steps, through any branch of the Alpha Bank network.
The amounts that are not collected within a five (5) year period will be irrevocably reimbursed to the Greek State. For more information, investors are kindly requested to contact the Investor Relations Department, contact person Mr. Dimitrios Papadiamantopoulos, tel. 0030211 9994762, email: ir@Quest.gr
