Adhoc report - Executive Board’s proposal regarding dividend distribution for the financial year 2021
Adhoc report in compliance with Law no. 24/2017 on issuers of financial instruments and market operations (republished) and Financial Supervisory Authority Regulation no. 5/2018 on issuers of financial instruments and market operations
Date of report: 17 March 2022
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 proposal regarding dividend distribution for the financial year 2021
The Executive Board’s proposal for distribution of dividends for the financial year 2021, the same as the one announced on February 3, 2022, namely a gross dividend of RON 0.0341/share, was approved by the Supervisory Board on March 17, 2022 and will be submitted for approval to the Ordinary General Meeting of Shareholders convened on April 27/28, 2022.
This dividend implies a 10% year on year increase, at the high end of the 5-10% range stated in the dividend guidance published by the company on December 7, 2021 in the context of the 2030 Strategy.
The proposed Record Date, which serves to the identification of the shareholders who are to benefit from dividends is May 13, 2022, the proposed "Ex-Date" is May 12, 2022, while the proposed Payment Date is June 6, 2022.
More details regarding the proposed payment conditions and methods are included in the documents and informing materials related to this item on the agenda of the Ordinary General Meeting of Shareholders.
Chief Executive Officer
President of the Executive Board
Chief Financial Officer
Member of the Executive Board