Dividend Cut-off - Payment Announcement
Jumbo announces that the Annual Ordinary General Meeting of the company’s shareholders which was held on Wednesday, December 8th, 2010, at 16:00, at the company’s headquarters at Cyprus street 9 and Idras of Mochato, Attica, attended in conformity with the law either in person or by proxy 149 shareholders, representing 102.281.226 common shares of the total 129.942.220 common shares, equal to the percentage 78,71% of the Company’s paid-up share capital approved unanimously the distribution of a dividend for the financial year from 1.7.2009 to 30.6.2010 of total amount EUR 24.546.789,67, ie. EUR 0,189 (gross) per share (129.877.194 shares). 10% dividend tax will be applied on dividend.
It is noted that the dividend is distributed to 129.877.194 shares of the company, because according to the term 8.3 of the Convertible Bond Loan the new 65.026 common nominal shares that where issued form the conversion of 30.955 bonds are not eligible to the dividend of the financial year ended at 30.6.2010 while there are eligible to dividend of the current financial year (01.07.2010-30.06.2011) in which the right of conversion was exercised.
Beneficiaries of the dividend will be those investors (of the 129.877.194 shares), who will be registered in the DSS on 28.12.2010 (Record Date). From Thursday 23.12.2010 the company’s shares will be negotiable at the Athens Stock Exchange without a consequent right to receive a dividend for the financial year 2009/2010.
The dividend will be paid in accordance to the paragraph 5.5 of the ATHEX Regulation and the article 39 of the Regulation of the HELEX S.A.. Payment of the dividend will be made through “EFG Eurobank Ergasias S.A.”, as follows: a) to the operators (custodians- stockbrokers) of those shareholders entitled to receive the dividend provided they have been granted collection rights, b) to shareholders themselves via “EFG Eurobank Ergasias S.A.” network of branches, upon presentation of their ID card and the particulars of the DSS account, if their portfolio is held at the Central Securities Depository (now Hellenic Exchanges S.A.) or they have not granted or have revoked authorisation for their broker to collect the dividend. Dividends can be collected by a third party where, in addition to the above, an authorisation with full particulars of the beneficiary is submitted with the signature of the beneficiary having been authenticated by the police or other competent authority. Payment of the dividend will be made through the “EFG Eurobank Ergasias S.A.” from Monday 03.01.2011 until Friday 01.04.2011 during working days and hours. As of Monday 04.04.2011 payment will be made only at the company’s headquarters in the Moshato Attica (Cyprus street 9 and Idras, Tel. 2104805267), during working days and hours.
* In accordance with the new, revised ATHEX Rulebook, starting on Jan 1st 2009, corporate actions take place based on "record dates", replacing the "trade date" rule. Based on the new rule, beneficiaries of the corporate action (in this case of the dividend) are those investors who are registered in the DSS on the relevant record date.