LNA: Procedure for the payout of dividends for the financial year ended 30 June 2015
Dividends will be paid to the shareholders who at the end of the tenth business day following the day of the Annual General Meeting that adopted a decision on dividend payment, i.e. on 5 November 2015 will be shareholders of AB Linas Agro Group.
Till 22 November 2015 the dividends will be paid out in the following order:
- to the shareholders, whose AB Linas Agro Group shares are kept in personal securities accounts operated by securities account operators other than Swedbank, AB the dividend amount, after deduction of personal income tax or corporate income tax applicable by the laws of the Republic of Lithuania, will be transferred to all the account operators‘ bank accounts at the same time.
- to the shareholders, whose AB Linas Agro Group shares are kept in personal securities accounts operated by the authorized custodian Swedbank, AB the dividend amount, after deduction of personal income tax or corporate income tax applicable by the laws of the Republic of Lithuania, will be transferred to the shareholders’ accounts with Swedbank, AB.
Dividends for the financial year ended 30 June 2015 will be taxed in the following order:
- dividends paid to natural persons-residents / legal entities-residents of the Republic of Lithuania and natural persons-residents / legal entities-residents of foreign countries are subject to corporate income tax of 15 per cent, unless otherwise provided for by the laws.
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