Announcement of the detachment and payment of the remaining dividend
The Company OPAP S.A. announces that the twenty fifth (25th) Annual General Meeting of the Shareholders of OPAP S.A. held on the 29th of April 2025 approved the distribution of a total gross dividend of 503,141,420 euro for the financial year 2024. It is noted that the Company’s Board of Directors had decided the distribution of a gross amount of 216,258,638 euro as interim dividend prior the relevant withholding tax, and the relevant payment was made to the shareholders on 11.11.2024.
The gross amount of remaining dividend for the financial year 2024 amounts in total to 286,882,782 euro or 0.80 euro per share prior to the withholding tax and excluding the 11,459,263 own shares of the Company. The amount of remaining dividend of 0.80 euro per share is subject to 5% withholding tax, where applicable, in accordance with the provisions of articles 61, 62 and 64 of Greek law 4172/2013, as in force. Therefore, the net amount of remaining dividend for the financial year 2024 payable to the shareholders following the above withholding tax amounts to 0.76 euro per share.
The shareholders being eligible to receive the remaining dividend for the financial year 2024 are the shareholders of the Company being registered in Dematerialized Security System's records on Thursday, 08.05.2025 (record date). As of Wednesday, 07.05.2025 (cut-off date), the shares of the Company will be trading in Athens Exchange without the right to the remaining dividend for the financial year 2024.
The payment of the remaining dividend for the financial year 2024 to the beneficiaries will commence on Wednesday, 14.05.2025, and will be processed through the paying bank “PIRAEUS BANK S.A.”, as follows:
- Through the operators of the beneficiaries in the Dematerialized Security System (Banks, custodians and securities firms), according to the ATHEXCSD Rulebook and ATHEXCSD’s relevant resolutions.
- Especially in cases of remaining dividend payment to heirs of deceased beneficiaries, whose securities are kept in the Special Account of their Share in the DSS under the management of ATHEXCSD, dividend payment process will be carried out after the completion of the legitimation of their heirs, through "PIRAEUS BANK S.A." network for five (5) years from the end of this year (namely, until December 31st, 2030).
It is clarified that the right to collect remaining dividend disperses if not collected within a period of five (5) years from the end of the year that the corresponding right was conferred to the beneficiaries (article 250, par. 15, of Greek Civil Code) and that following such term any relevant amount shall be reimbursed to the Hellenic Republic according to article 1 of legislative decree 1195/1942.
For any further information, shareholders are requested to directly contact the Company's Investor Relations Team (contact number +30 210 5798930).
ATHENS, 29.04.2025
OPAP S.A.
