The Annual General Meeting (AGM) of shareholders of (117 CZK, -1,10%) Entertainment Group N.V. (FEG) held today in Amsterdam approved the Management Board’s proposal to effect a gross dividend payment of EUR 0.67 in cash per share.
The AGM effected:
– gross dividend payments of EUR 0.23 in cash per share from the consolidated net profit for the financial year 2012. The dividend pay-out represents approximately 97 % of the net profit (consolidated accounts);
– gross dividend payments of EUR 0.10 in cash per share from retained earnings;
– gross dividend payments of EUR 0.34 in cash per share as the distribution of the share premium.
The total sum allocated for the dividend amounts to EUR 34.84 million which, based on a total number of shares 52,000,000, equals to EUR 0.67 per share. The dividend record date will be June 11, 2013. The payment date of the dividend will be determined by the Management Board of Entertainment Group N.V. in the next days.
Source: Entertainment Group N.V.