The Annual General Meeting of J&P-AVAX SA's shareholders, held on June 29, 2011, approved the distribution of a €0.04 dividend per share for fiscal year 2010. The net dividend to be paid to shareholders amounts to €0.0316 per share, after the 21% withholding tax as per article 14 of Law 3943/2011. Shareholders on the Company's registry on record date Tuesday July 05, 2011 are entitled to the dividend. The shares will trade ex-dividend on Friday July 01, 2011.
Dividends for fiscal year 2010 will be paid by Piraeus Bank on Friday July 08, 2011 by the following means:
1. payment through shareholders' broker accounts, according to the procedure described in section 5.5 of the Athens Stock Exchange Regulation and article 39 of the Paperless Trading System.
2. payment through any Piraeus Bank branch to those shareholders who officially requested an exclusion from the automated dividend payment procedure.
In the latter case, shareholders may collect their dividends either in person or through their authorised representatives up to December 31, 2011, producing a copy of their Paperless Trading System account identification along with their official identity card.
Dividends not collected within five years are transferred to the Greek State.
Following December 31, 2011, collection of dividends is only possible at the Company headquarters, at 16 Amarousiou-Halandriou Street, 151 25, Marousi, Greece.
For further information, shareholders may contact the Company's shareholders department (Ms Elisabeth Michailari 210-6375685 and Mr Angelos Kiosklis 210-6375592).