Symbol go
GD         Turnover  mln.

Bank of Greece: Dividend for the Financial Year 2010


The Bank of Greece, with a view to providing timely information to investors in general and to its shareholders in particular, pursuant to Law 3556/2007 and Article of the Athens Exchange Rulebook, hereby announces that:

The 78th Annual Ordinary General Meeting of Shareholders of the Bank of Greece held on 18 April 2011, decided, inter alia, to distribute a €1.976 dividend per share for the financial year 2010. Dividends are subject to withholding tax of 21%, in accordance with Article 14(2) of Law 3943/2011. The net dividend to be received by shareholders, following the tax withholding, will be €1.56104 per share.

The cut-off date for exercising the right to this dividend payment will be the 10th of May 2011. As from the same date, the Bank of Greece shares will be tradable on the Athens Exchange, carrying no right to participate in this dividend payment.

Dividend beneficiaries will be shareholders registered with the Dematerialised Securities System (DSS) as at 12 May 2011 [record date].

The dividend will be paid from 18 May 2011 onwards, according to the procedure laid down in Article 5.5 of the Athens Exchange Rulebook and the specific provisions of the Operating Regulations of the DSS, as follows:

a) through the operators, namely the securities companies selected by shareholders and authorised for the collection of the dividend.

On 18 May 2011, the Bank of Greece will credit the accounts of the operators, who will then pay the beneficiaries. It should be noted that investors may revoke their authorisations to the operators by an application to Hellenic Exchanges S.A. (HELEX S.A.), which should be lodged at least five business days before the date of payment of the dividend.

b) directly by the Bank of Greece, either by crediting the bank account designated by shareholders or by cheque, when investors:

- have not authorised their operators;

- have revoked, by an application to HELEX S.A., the authorisation granted to their operators for the collection of the dividend;

- hold their shares in a Special Account of their Investor Share.

The payor Bank will be the Bank of Greece.

In the event that bank accounts cannot be credited for any reason, beneficiaries may collect their dividends at the Bank of Greece as from 26 May 2011.

Follow to Social Media
  Did you find this article interesting?: