We hereby inform you that on 30 March 2023 theBoard of Directors of Vassiliko Cement Works Public Company Ltd took the following decisions:
(a) Approval of Financial Statements
Approved the Annual Report and the Financial Statements of the Company for the year 2022 which are duly audited by the external Auditors of the Company KPMG Limited.
Copies of the Annual Report and the Financial Statements of the Company for the year 2022 are available at the Registered Offices of the Company at 1Α Kyriakos Matsis Avenue, Koupati Building, 4th Floor, 1082 Nicosia, and at the Company’s website www.vassiliko.com (“Investor Relations”).
TheAnnualReportandFinancialStatementsoftheCompanyfortheyear 2022 in HTML format according to the European Single Electronic Format (“ESEF”) is available at the Company’s website at the following link:
(b) Dividend declaration
Resolved to recommend to the forthcoming Annual General Meeting of the shareholders of the Company (to be held at the Plant Offices of the Company at Vassiliko, on Thursday 25 May 2023, at 5.00 p.m.) to approve the payment of a dividend of €9.351.673,11 corresponding to €0,13 per fully paid share, €0,085 of which is payable from the profits of the year 2021 included in Retained Earnings and €0,045 from the profits of 2022.
The dividend to be approved by the Annual General Meeting will be paid to the entitled shareholders of the Company that will be registered at the CSE registry as at 8 June 2023 (record date). As a result, 7 June 2023 is set to be the ex-dividend date, date from which the shares of the Company will be traded in the CSE without the right to the dividend.
Investors that will purchase shares at the CSE by the close of business on 6 June 2023 (Last Cum Date) will be entitled to the dividend. It is noted that shareholders entitled to the dividend will also be the holders of shares based on an off exchange transfer to be completed by the record date. Payment of the dividend will be made (effected) till the 4 July 2023.
(c) Annual General Meeting
Resolved to convene the 57th Annual General Meeting of the shareholders of the Company, for the approval of the Annual Report and the Financial Statements of the Company for the year 2022,at the Offices of the Company at Vassiliko, on Thursday 25thof May 2023, at 5.00 p.m.