If you can see this message, your browser does not support canvas and needs an update. Sorry. :(
Thursday, February 25, 2021 
Market Status: CLOSE
About us and Governance Investor Relations Contact
Advanced search

Market News


OMV PETROM S.A. - SNP

Initial dividend proposal for 2020

Release Date: 2/4/2021 7:55:03 AM

IRIS Code: 8E741

In compliance with Law no. 24/2017 on issuers of financial instruments and market operations and Financial Supervisory Authority Regulation no. 5/2018 on issuers of financial instruments and market operations

 

Date of report: February 4, 2021

Name of issuer: OMV Petrom S.A. (“OMV Petrom”)

Headquarters: Bucharest, 22 Coralilor Street, District 1, („Petrom City”)

Telephone/fax number: +40 372 161930/ +40 372 868518

Sole registration number at the Trade Register Office: 1590082

Fiscal attribute: RO

Trade Register Number: J 40/8302/1997

Share capital: 5,664,410,833.5 RON

Regulated market on which the issued shares are traded: Bucharest Stock Exchange and London Stock Exchange

 

 

Significant event to be reported:

Executive Board’s initial proposal regarding dividend distribution for the financial year 2020

 

In accordance with the legal and statutory provisions, it is under the Executive Board duty to make recommendations to the shareholders regarding the distribution of profits.

Based on the preliminary results for the year ended December 31st 2020, the Executive Board of OMV Petrom S.A. proposes a gross dividend of RON 0.031/share for the 2020 financial year, same as for the financial year 2019.

This initial proposal was also presented to the Audit Committee and observes the current dividend policy, as published on the OMV Petrom S.A.’s corporate website.

The Executive Board’s final proposal for the distribution of dividends for the financial year 2020 will be submitted for approval to the April 2021 Ordinary General Meeting of Shareholders after the approval by the Supervisory Board, following Audit Committee review.

 

 

Christina Verchere                                                                   Alina Popa

Chief Executive Officer                                                              Chief Financial Officer

President of the Executive Board                                               Member of the Executive Board

                                                                                      

 

 



 Print

Information provided by IRIS, the news platform of the Bucharest Stock Exchange.

______________________

Bucharest Stock Exchange ("BVB") is not responsible for the content of this News item. Issuers whose financial instruments are traded on markets operated by BVB are required to report in accordance with current legal and regulatory provisions. BVB publishes these Reports as market administrator, appointed by ASF. When, for investors’ information, Reports are published, either signed by different persons, or with conflicting information, legal liability lies fully with the signatories. BVB disclaims any obligation or responsibility towards issuers or third parties, regarding the reality, completeness and accuracy of information provided by them and distributed by BVB. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.


©2016 Bucharest Stock Exchange. All rights reserved