OREANDA-NEWS. The Management Board of Vilkyskiu Pienine AB proposes to the Annual General Meeting of Shareholders to pay 0,21 LTL (0,0608 EUR) per per ordinary registered share with nominal value of 1 LTL for the fiscal year 2012.

According to the dividend policy approved by the Annual General Meeting of Shareholders last year, the payout ratio should correspond to the minimum of 25% of the consolidated net profit of the Vilkyskiu Pienine A, but shall not exceed the Company’s annual consolidated net profit.

After review of the financial results of the fiscal year 2012 and business plan of the company for 2013, the Management Board of Vilkyskiu Pienine AB proposes a dividend payment of 2,508 thousand LTL ( 726 thousands EUR), or 0,21 LTL ( 0,0608 EUR) per share. The proposed dividend payment corresponds to the payout ratio of 33,2%.

The final decision to approve the amount of dividends will be made by the Annual General Meeting of Shareholders of Vilkyskiu Pienine AB, to be held on the 26 April 2013.