Payment of the Interim Dividend for the Year 2016
It is announced that the Board of Directors of the Company in its meeting of November 16th, 2016 decided the distribution of an interim dividend of Euro 0.20 per share as advance payment for the year 2016 dividend. The above interim dividend amount is subject to a 15% tax imposed on dividends pursuant to paragraph 11 of article 112 of the Law 4387/2016 (Government Gazette A’ 85/12.05.2016) as amended with the Law 4389/2016 (Government Gazette A’ 94/27.05.2016). As a result the net payable amount will be Euro 0.17 per share. Company shareholders registered in the electronic files of the Dematerialized Securities System (S.A.T.) dated Tuesday December 13th, 2016 (record date) for MOTOR OIL (HELLAS) S.A. are entitled to the interim dividend.As of Monday December 12th, 2016 the shares of the Company will trade ex-interim dividend for the year 2016.
The payment of the interim dividend for the year 2016 to the shareholders will be effected through the payee bank BANK OF PIRAEUS S.A. on Monday December 19th, 2016as follows:
1. Through the Dematerialized Securities System (S.A.T) Operators (banks, brokerage – securities firms) according to the payment procedure defined in section 5.5 of the Athens Exchange Regulation and in article 39 of the Codified Regulation of the Operation of S.A.T.
2. Shareholders who have revoked the dividend collection authorization to their S.A.T. Operators will be attended to at any branch of BANK OF PIRAEUS S.A.
3. Shareholders not credited by their S.A.T. Operators, for whatever reason, will be attended to at any branch of BANK OF PIRAEUS S.A.from Friday December 23rd, 2016.
For the cases 2 and 3 described above, shareholders can collect the interim dividend in person or through their legally authorized representative until December 31st, 2022by presenting to the payee bank a copy of their S.A.T. details and their Identification Card.
Dividends not collected until December 31st, 2022 will be written off in favour of the Hellenic State.
Maroussi, December 5th, 2016
The Board of Directors