AGM of Fortuna approved EUR 0.22 per share dividend
Amsterdam - The Annual General Meeting (AGM) of shareholders of Fortuna Entertainment Group N.V. (FEG) held on Friday June 6, 2014 in Amsterdam approved the Management Board’s proposal to effect a gross dividend payment of EUR 0.22 in cash per share.
The dividend is in accordance with the long-term dividend policy of the Company with the dividend payout ratio is 70 - 100 % of the consolidated Net Profit. The dividend pay-out represents approximately 73.5% of consolidated Net Income of the Group. The dividend record date was set to June 19, 2014 and the dividend payment date to June 26, 2014.
The total sum allocated for the dividend amounts to EUR 11.44 million which, based on a total number of shares 52,000,000, equals to EUR 0.22 per share.
The dividend payment date 19 June 2014 is the Bank Holiday in Poland, i.e. a day without a trading session on the WSE. As a result, the ex-dividend day will fall to 16 June 2014 and not to 17 June 2014 as in case of the Prague Stock Exchange.
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