Procedure for the payout of dividends for the year 2023
May 09 2024 - 8:05AM
UK Regulatory
Procedure for the payout of dividends for the year 2023
On 10 April 2024, the General Shareholders
Meeting of INVL Baltic Farmland, AB (identification code 303299781,
address Gyneju str. 14, Vilnius, LT-01109) decided to allocate EUR
0.12 dividend per share.
Dividends will be paid to the shareholders who
at the end of the tenth business day following the day of the
General Shareholders Meeting that adopted a decision on dividend
payment, i.e. on 24 April 2024 were shareholders of INVL Baltic
Farmland, AB.
From 10 May 2024 the dividends will be
allocated in the following order:
- to the shareholders, who’s INVL Baltic
Farmland, AB shares are accounted by a financial brokerage company
or credit institutions, which provide securities accounting
services, the amount of dividend, after deduction of Personal or
Corporate withholding income tax applicable by the laws of
Lithuania, will be transferred to the shareholders’ account held
with a respective financial brokerage company or credit
institution;
- to the shareholders, who’s INVL Baltic
Farmland, AB shares on behalf of the Company are accounted by the
authorised custodian Siauliu bankas, AB, the dividend amount, after
deduction of Personal or Corporate withholding income tax
applicable by the laws of Lithuania, will be transferred to the
shareholders’ account with Lithuanian commercial bank as indicated
by the shareholders (requests with account indications
should be submitted to any branch of Siauliu bankas, AB. The list
of the branches of Siauliu bankas, AB can be
found here).
Procedure for dividends taxation for the
year 2023:
- dividends paid to natural persons–residents of the Republic of
Lithuania and natural persons–residents of foreign countries are
subject to withholding Personal income tax of 15 per cent;
- dividends paid to legal entities of the Republic of
Lithuania and legal entities–residents of foreign countries are
subject to withholding Corporate income tax of 15 per cent, unless
otherwise provided for by the laws.
For additional information on payout of
the dividends please contact Siauliu bankas AB tel.
1813.
The person authorized to provide additional
information:
Director Egle Surpliene
E-mail: egle.surpliene@invaldainvl.com
Invl Baltic Farmland Ab (LSE:0R5F)
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Invl Baltic Farmland Ab (LSE:0R5F)
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From Nov 2023 to Nov 2024