(Finance) – The Board of Directors of Mittel approved the proposed policy for the distribution of capital reserves, by way of dividend, for 2024 and 2025.
For 2024, the Board of Directors has decided to propose to Shareholders the distribution of part of the Retained Earnings Reserve, through the payment of a unit dividend to be considered of an ordinary nature in stock market terms. The payment of the unit dividend, gross of any applicable substitute tax, will therefore be Euro 0.12293 for each of the 81,347,368 ordinary shares without par value currently in circulation, and thus for a total of Euro 10,000,031.95, in line with the amount already distributed in February 2023. The ex-dividend date of the current coupon no. 55 will take place on 5 February 2024, with legitimacy for payment on 6 February 2024 (record date) and payment of the dividend on 7 February 2024.
The board has, therefore, called the Shareholders’ Meeting on January 31, 2024 to resolve on the proposed distribution proposal.
For 2025, the Board of Directors intends to propose to the Shareholders – barring changes in the economic, equity and financial situation of the Group which are currently unforeseen – the same dividend distribution operation, for the same amount and with similar payment times (i.e. January/February 2025).