S & B ΒΙΟΜΗΧΑΝΙΚΑ ΟΡΥΚΤΑ Α.Ε.
Announcement regarding ex-dividend date and dividend payment details
Athens, June 16, 2009 - S&B Industrial Minerals S.A. (S&B, the Company) announces that, in accordance with paragraph 4.1.3.4 of the Rulebook of Athens Exchange and based on the resolution of the Annual General Meeting of shareholders on June 16th 2009, the dividend for fiscal year 2008 is euro 0.16 per share.
In accordance with amended article 16 par. 8 of Codified Law 2190/1920 on own shares as it stands in effect, the dividend that corresponds to the shares acquired by the Company after the Annual General Meeting resolution of May 14th, 2008, increases the dividend to be paid out to the other shareholders.
The number of own shares that have been acquired amounts to a total of 219,470 and therefore the dividend per share shall amount to euro 0.1611 in total.
The said dividend is subject to a 10% withholding tax (euro 0.0161 per share, in accordance with the provisions of article 18 of Law 3697/2008), and therefore shareholders will receive a net dividend amount of euro 0.145 per share.
Based on the record date rule, eligible shareholders to receive the dividend will be the ones registered in the Dematerialized Securities System (D.S.S.) on Thursday July 2nd 2009 (ex-dividend date Tuesday June 30th 2009, before the start of trading).
Payment of the dividend will commence on July 8th 2009 by EFG EUROBANK ERGASIAS S.A.. as follows:
1. Through the DSS operators, in accordance with paragraph 5.5 of the ATHEX Rulebook and 39 of the DSS Rulebook.
2. Through the branch network of EFG EUROBANK ERGASIAS S.A., for those shareholders that have requested an exception from their DSS operator or have their shares in the Special Account of their Investor's Share Securities Account kept with DSS, or for shares kept in accounts of not disclosed investors.
3. Shareholders, who, for any reason, are unable to collect their dividend through their operator, will be able to collect it through the network of EFG EUROBANK ERGASIAS S.A.
In cases 2 and 3 above, it will be possible, until 31.12.2014 (i.e. until any uncollected dividends are forfeited by limitation in favor of the Greek state and written off) to receive the dividend by providing the DSS account information and an ID, either in person or through a legally authorized representative.
For more information, investors can contact the Investor Relations Department (tel. +30 210 6296157).
In accordance with amended article 16 par. 8 of Codified Law 2190/1920 on own shares as it stands in effect, the dividend that corresponds to the shares acquired by the Company after the Annual General Meeting resolution of May 14th, 2008, increases the dividend to be paid out to the other shareholders.
The number of own shares that have been acquired amounts to a total of 219,470 and therefore the dividend per share shall amount to euro 0.1611 in total.
The said dividend is subject to a 10% withholding tax (euro 0.0161 per share, in accordance with the provisions of article 18 of Law 3697/2008), and therefore shareholders will receive a net dividend amount of euro 0.145 per share.
Based on the record date rule, eligible shareholders to receive the dividend will be the ones registered in the Dematerialized Securities System (D.S.S.) on Thursday July 2nd 2009 (ex-dividend date Tuesday June 30th 2009, before the start of trading).
Payment of the dividend will commence on July 8th 2009 by EFG EUROBANK ERGASIAS S.A.. as follows:
1. Through the DSS operators, in accordance with paragraph 5.5 of the ATHEX Rulebook and 39 of the DSS Rulebook.
2. Through the branch network of EFG EUROBANK ERGASIAS S.A., for those shareholders that have requested an exception from their DSS operator or have their shares in the Special Account of their Investor's Share Securities Account kept with DSS, or for shares kept in accounts of not disclosed investors.
3. Shareholders, who, for any reason, are unable to collect their dividend through their operator, will be able to collect it through the network of EFG EUROBANK ERGASIAS S.A.
In cases 2 and 3 above, it will be possible, until 31.12.2014 (i.e. until any uncollected dividends are forfeited by limitation in favor of the Greek state and written off) to receive the dividend by providing the DSS account information and an ID, either in person or through a legally authorized representative.
For more information, investors can contact the Investor Relations Department (tel. +30 210 6296157).