HELLENiQ ENERGY Holdings Societe Anonyme
Announcement of dividend payment for the financial year 2009
HELLENIC PETROLEUM S.A. informs the investors that the Ordinary Annual General Meeting of the Shareholders of the Company on June 2, 2010 approved the distribution of € 0.45 as dividend per share for the financial year 2009. Due to the interim dividend of € 0.15 per share already distributed, according to the decision of the Company's Board of Directors on August 27, 2009, the remaining dividend for distribution is € 0.30 per share.
It is noted that, pursuant to Law 3697/2008 and decision POL/1180/31.12.2008 issued by the Ministry of Economy and Finance, a 10% tax withholding will be imposed on the entire dividend (including any interim dividend paid) in connection with distributable profits approved by general meetings from 1.1.2009 and thereafter.
It is also noted that, pursuant to the aforementioned decision, shareholders exempted from such tax withholding on dividends must provide the Company with all necessary certificates as set out in the relevant provisions of the aforementioned decision, by 2.7.2010 at the latest, namely within one month from approval of the balance sheet by the General Meeting of shareholders, in order for the Company to proceed with the necessary actions to pay the withheld amount to the entitled shareholders.
The Company's General Meeting decided that the shares would go ex-dividend on 5.7.2010, date as of which (and upon commencement of the relevant Athens Exchange session) the Company's shares will be traded without entitlement to collect the distributable dividend balance.
Furthermore, the determination of shareholders entitled to dividend was scheduled for 7.7.2010 (provided that, in accordance with the Athens Exchange Regulation, beneficiaries of the distributable dividend balance are those shareholders who appear in the Dematerialised Securities System (SAT) records on such date - "Record Date"). Dividend payment will start on 13.7.2010.
The payment of the remaining dividend will take place through the branch network of National Bank (which is the payer bank). Shareholders will be able to receive the dividend through the National Bank within a period of five years, thus until July 13, 2015.
The payment of the remaining dividend will be accomplished through the National Bank, as follows:
1. Through the authorised administrators of beneficiary shareholders via the Dematerialised Securities System (SAT), who have accepted the terms of the Annuity Dividend Distribution contract, between the National Bank of Greece and the authorized administrators for SAT.
2. Through the branch network of National Bank for those shareholders who have requested exemption from their authorized administrator for SAT.
3. Through the branch network of National Bank from July 20, 2010 for those shareholders who will not receive their dividend payment through the authorized administrators.
The dividend payment for cases 2 and 3 requires the submission of the SAT codification number and the presentation of identification card. A third person will be able to receive the dividend only with the submission of an authorization letter, verified for signature?s authenticity by a state authority, presenting the full details of the entitled shareholder as well as the authorized person.
For additional information, Shareholders may address to the Shareholders? Service Department of HELLENIC PETROLEUM SA, 199 Kifissias Avenue, 151 24 Maroussi (tel. +30 210 876 7862-5, fax +30 210 876 7993).
It is noted that, pursuant to Law 3697/2008 and decision POL/1180/31.12.2008 issued by the Ministry of Economy and Finance, a 10% tax withholding will be imposed on the entire dividend (including any interim dividend paid) in connection with distributable profits approved by general meetings from 1.1.2009 and thereafter.
It is also noted that, pursuant to the aforementioned decision, shareholders exempted from such tax withholding on dividends must provide the Company with all necessary certificates as set out in the relevant provisions of the aforementioned decision, by 2.7.2010 at the latest, namely within one month from approval of the balance sheet by the General Meeting of shareholders, in order for the Company to proceed with the necessary actions to pay the withheld amount to the entitled shareholders.
The Company's General Meeting decided that the shares would go ex-dividend on 5.7.2010, date as of which (and upon commencement of the relevant Athens Exchange session) the Company's shares will be traded without entitlement to collect the distributable dividend balance.
Furthermore, the determination of shareholders entitled to dividend was scheduled for 7.7.2010 (provided that, in accordance with the Athens Exchange Regulation, beneficiaries of the distributable dividend balance are those shareholders who appear in the Dematerialised Securities System (SAT) records on such date - "Record Date"). Dividend payment will start on 13.7.2010.
The payment of the remaining dividend will take place through the branch network of National Bank (which is the payer bank). Shareholders will be able to receive the dividend through the National Bank within a period of five years, thus until July 13, 2015.
The payment of the remaining dividend will be accomplished through the National Bank, as follows:
1. Through the authorised administrators of beneficiary shareholders via the Dematerialised Securities System (SAT), who have accepted the terms of the Annuity Dividend Distribution contract, between the National Bank of Greece and the authorized administrators for SAT.
2. Through the branch network of National Bank for those shareholders who have requested exemption from their authorized administrator for SAT.
3. Through the branch network of National Bank from July 20, 2010 for those shareholders who will not receive their dividend payment through the authorized administrators.
The dividend payment for cases 2 and 3 requires the submission of the SAT codification number and the presentation of identification card. A third person will be able to receive the dividend only with the submission of an authorization letter, verified for signature?s authenticity by a state authority, presenting the full details of the entitled shareholder as well as the authorized person.
For additional information, Shareholders may address to the Shareholders? Service Department of HELLENIC PETROLEUM SA, 199 Kifissias Avenue, 151 24 Maroussi (tel. +30 210 876 7862-5, fax +30 210 876 7993).