Payment of Dividend Remainder for the Fiscal Year 2024
MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. hereby announces that the Annual Ordinary General Assembly of Company shareholders dated June 18th, 2025 approved the distribution of an aggregate dividend amount of Euro 1.40 per share for the fiscal year 2024. It is reminded that on January 3rd,2025 the Company paid an interim dividend of Euro 0.30 per share as advance payment for the year 2024 dividend. As a result, the remainder amount of dividend for the year 2024 equals Euro 1.10 per share. It is noted that the dividend remainder amount per share for the fiscal year 2024 will be increased proportionally with the amount of dividend corresponding to the Company’s treasury stock (2,448,898 shares). The latter shares are not entitled to the dividend remainder. Subsequently, the gross amount of dividend remainder for the fiscal year 2024 equals Euro 1.124865562 per share. The dividend remainder amount is subject to a 5% tax imposed on dividends (that is Euro 0.056243278 per share) 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 will be Euro 1.068622284 per share. Company shareholders registered in the electronic files of the Dematerialized Securities System (DSS) dated Thursday June 26th, 2025 (record date) for MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. are entitled to the dividend remainder amount. As of Wednesday June 25th, 2025, the shares will trade ex-dividend remainder for the fiscal year 2024.
The payment of the dividend remainder for the fiscal year 2024 to the shareholders will be effected through the payee bank – BANK OF PIRAEUS S.A. – on Wednesday July 2nd, 2025 as follows:
- Through the participants in the Dematerialized Securities System (DSS) i.e. Banks and Brokerage/Securities Companies, according to the provisions of the DSS Operation Regulation of the Hellenic Central Securities Depository (ATHEXCSD).
- Especially in cases of payment of the dividend remainder 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 PIRAEUS BANK network over a period of time until 31st December 2030.
It is clarified that according to the current applicable legislation the right for the collection of the dividend remainder amount expires on completion of a five year period from the end of the fiscal year in which this right was created (i.e. for the said dividend remainder of fiscal year 2024 of the Company the right for its collection expires on 31-12-2030) and following such time bar the uncollected amounts will irrevocably be reimbursed to the Hellenic State.
For any further information shareholders may contact the shareholders’ Office of the Company at +30 210 809 4194 (Mr Ioannis Dimakis), +30 210 809 4204 (Mr Symeon Lymperakis) and +30 210 809 4187 (Mrs Dimitra Kalliontzaki).
Maroussi, 18 June 2025
The Board of Directors
Οι απόψεις που εκφράζονται στα σχόλια των άρθρων δεν απηχούν κατ’ ανάγκη τις απόψεις της ιστοσελίδας μας, το οποίο ως εκ τούτου δεν φέρει καμία ευθύνη. Για τα άρθρα που αναδημοσιεύονται εδώ με πηγή, ουδεμία ευθύνη εκ του νόμου φέρουμε καθώς απηχούν αποκλειστικά τις απόψεις των συντακτών τους και δεν δεσμεύουν καθ’ οιονδήποτε τρόπο την ιστοσελίδα.
