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Announcement of Dividend Payout

Announcement of Dividend Payout

JUGOPETROL AD hereby informs its shareholders that dividend payout, pursuant to the Resolution on net profit appropriation for the year 2019 passed by the GM held on 18th June 2020, commences on 16 July 2020 (Thursday) through all the branches of Erste Bank AD Podgorica.

Total gross amount of dividend which will be paid out to shareholders is 2.326.986 EUR.

Gross dividend per share is 0,50 EUR. Net dividend per share is 0,455 EUR.

Shareholders – physical persons are obliged to present to the bank their valid identification document.

Shareholders – legal entities are obliged to provide to the bank their order for dividend pay-out on letterhead of their company and in the form that is available on web site of the bank, i.e. www.erstebank.me, in the branches of Erste Bank AD Podgorica, and at the request sent to the following e-mail: info@erstebank.me and dividenda@erstebank.me

All shareholders registered in Central Securities Depositary and Clearing Company's List of Shareholders of JUGOPETROL AD on the day on which the Resolution on distribution of dividend was passed, i.e. on 18th June 2020 are entitled to receive the dividend.