Estonia, Financial Services, Markets and Companies

International Internet Magazine. Baltic States news & analytics Tuesday, 16.04.2024, 18:05

Tallinna Vesi to distribute EUR 10.8 mln in dividends

BC, Tallinn, 08.05.2017.Print version
The listed Estonian water services company Tallinna Vesi is set to pay 10.8 mln euros of its 2016 profit of 18.4 mln euros out as dividend, reported LETA/BNS.

The company will pay 0.54 euros per share to the owners of the A-shares and 600 euros per share to the owner of the B-share, it appears from the notice to convene the annual general meeting (AGM) of shareholders published on Monday.


The proposal of the supervisory board to the shareholders is to pay out the dividend on June 26, 2017 and to close the list of shareholders for dividend payment as at 11:59 p.m. on June 16, 2017.


In addition the shareholders are to vote on proposals to recall Mart Magi from the supervisory board, to extend the powers of Allar Joks as member of the supervisory board and to elect Priit Rohumaa as member of the supervisory board.


The AGM will be held on June 1.






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