The EGM of Jumbo Shareholders approved the extraordinary dividend of € 0,18 per share

The Extraordinary General Meeting of Jumbo shareholders was held on Friday, 12th December at the company’s headquarters. At the General Meeting 405 shareholders were present, representing the 79,77% of the company’s share capital. The shareholders approved the distribution of a dividend of € 0,18 (gross).

The management informed their shareholders - partners that despite the arrhythmia of October, the sale’s growth rate for the Group during the five months of the current financial year was above the annual estimation (4%-6%).

During the five months of the current financial year the Group launched four new stores. Specifically, the new store in Iasmos (Greece) of a total surface of 9,000sqm approximately started its operation in August. The new store of the Group in Bucharest (12,000sqm) started its operation in October and the new store in the city of Oradea, Romania (12,000sqm) in November. Moreover, in November the new Jumbo in Limassol, Cyprus (12,000sqm) also opened.

With the opening of the abovementioned stores, Jumbo Group operates a network of 70 stores in 4 countries, 53 out of which are located in Greece, 5 in Cyprus, 8 in Bulgaria and 4 in Romania as well as the online store e-Jumbo.

The Group continues its investment program and at the end of the current financial year, it is expected that one more store in Peloponnese of Greece (9,000 sqm) and one more hyper-store in the city of Arad in Romania (12,000 sqm) will open.