Spausdinti

Dividend

Spausdinti

Dividend policy of Lietuvos Energija group of companies

 

Regarding the payment of dividends for the six-month period ended on 31 December 2016

The ordinary general meeting of the Company‘s shareholders held on 24 Marc 2017 approved the distribution of the Company‘s profit (loss) of 2016.

Profit share, allocated for dividends for period from 1 July 2016 to 31 December 2016, consists of 12.7 million (EUR 0.02 dividend per share).

The persons, having the right to receive dividends, are to be those, which are to be the shareholders of Lietuvos Energijos Gamyba, AB at the end the record date of the rights of Lietuvos Energijos Gamyba, AB shareholders, i.e. at the end of April 7, 2017. The dividends to such persons are to be paid in compliance with the Article 60 Part 5 of Law on Companies or Republic of Lithuania, i.e. within one month from the day of adoption of the decision to pay dividends, payments being made by persons responsible for the securities accounts of Lietuvos Energijos Gamyba, AB and SEB bankas AB, the person responsible for the accounting of shares of Lietuvos Energijos Gamyba, AB.

 

Regarding the payment of dividends for the six month period ended on 30 June 2016

The extraordinary general meeting of shareholders of the Company held on 26 September 2016 resolved to declare dividend for a period shorter than the financial year to the shareholders of the Company. Shareholders of the Company were allotted dividend of EUR 0.043 per share (total: EUR 27.3 million) in the Company for the six month period ended on 30 June 2016).

Dividend was received by those persons who were shareholders of the Company at the end of the tenth working day after the date on which the extraordinary meeting of shareholders resolving on dividend payment was held, i. e. at the end of working day of 10 October 2016.

 

Regarding the dividends for 2015

The ordinary general meeting of the Company's shareholders held on 29 March 2016 approved the distribution of the Company's profit of 2015. No dividends were to be paid for the six month period ended on 31 December 2015.

 

Regarding the payment of dividends for the six month period ended on 30 June 2015

The extraordinary general meeting of shareholders of the Company held on 24 September 2015 resolved to declare dividend for a period shorter than the financial year to the shareholders of the Company. Shareholders of the Company were allotted dividend of EUR 0.0042 per share (total: EUR 2.67 million) in the Company for the six month period ended on 30 June 2015.

Dividend was received by those persons who were shareholders of the Company at the end of the tenth working day after the date on which the meeting of shareholders resolving on dividend payment was held, i. e. at the end of working day of 8 October 2015.

 

Regarding the payment of dividends for 2014

The ordinary general meeting of the Company's shareholders held on 27 April 2015 approved the distribution of the Company's profit of 2014 and decided to allocate almost EUR 21.72 million (LTL 74.99 million) to payment of dividends (EUR 0.0342 or LTL 0.1181 dividend per share).

Dividends are to be paid to the persons who at the end of the tenth business day following the day of the general meeting of shareholders that approved payment of dividends, i.e. at the end of the business day of 12 April 2015, were the Company’s shareholders.

The dividends are to be paid in compliance with the Article 60 Part 5 of Law on Companies or Republic of Lithuania, i.e. within one month from the day of adoption of the decision to pay dividends, payments being made by persons responsible for the securities accounts of “Lietuvos energijos gamyba”, AB, and “Swedbank”, AB, the person responsible for the accounting of shares of “Lietuvos energijos gamyba”, AB

 

Regarding the payment of dividends for the six month period ended on 30 June 2014

The extraordinary general meeting of shareholders of the Company held on 30 September 2014 resolved to declaredividend for a period shorter than the financial year to the shareholders of the Company. Shareholders of the Company were allotted dividend of LTL 0.11 per share (total: LTL 69.86 million) in the Company for the six month period ended on 30 June 2014).

Dividend was received by those persons who were shareholders of the Company at the end of the tenth working day after the date on which the meeting of shareholders resolving on dividend payment was held, i. e. at the end of working day of 14 October 2014.

 

Regarding the payment of dividends for 2013

The ordinary general meeting of the Company's shareholders held on 4 April 2014 approved the distribution of the Company's profit of 2013 and decided to allocate LTL 150 million to payment of dividends (approximately LTL 0.24 dividend per share).

Dividends were paid to the persons who at the end of the tenth business day following the day of the general meeting of shareholders that approved payment of dividends, i.e. at the end of the business day of 18 April 2014, were the Company’s shareholders.

 

Regarding the payment of dividends for 2012

The ordinary general meeting of the Company's shareholders held on 30 April 2013 approved the distribution of the Company's profit of 2012 and decided to allocate LTL 25,4 million to payment of dividends (approximately LTL 0.04 dividend per share).

Dividends were paid to the persons who at the end of the tenth business day following the day of the general meeting of shareholders that approved payment of dividends, i.e. at the end of the business day of 15 May 2013, were the Company’s shareholders.

 

Regarding the dividends for 2011

The ordinary general meeting of the Company's shareholders held on 30 April 2012 approved the distribution of the Company's profit of 2011. No dividends were to be paid for 2011.

 

The dividends are to be paid in compliance with the Article 60 Part 5 of Law on Companies or Republic of Lithuania, i.e. within one month from the day of adoption of the decision to pay dividends::

  • to the shareholders, whose Lietuvos Energijos Gamyba, AB shares are accounted by a financial brokerage company or credit institutions, which provide securities accounting services, the dividend amount, after deduction of Personal or Corporate withholding income tax applicable by the laws of Lithuania, will be transferred to the shareholders’ accounts held with a respective financial brokerage company or credit institution;

  • to the shareholders, whose Lietuvos Energijos Gamyba, AB shares are accounted by the “Swedbank”, AB bank, the dividend amount, after deduction of Personal or Corporate withholding income tax applicable by the laws of Lithuania, will be transferred to the shareholders’ accounts with “Swedbank”, AB bank or the accounts with any other Lithuanian commercial bank as indicated by the shareholders.