Procedure for the payout of dividends for the year 2023
May 29 2024 - 1:25AM
UK Regulatory
Procedure for the payout of dividends for the year 2023
On 30th of April 2024, the General Shareholders
Meeting of INVL Baltic Real Estate (identification
code 152105644, address Gyneju str. 14, Vilnius, LT-01109)
decided to allocate EUR 0.09 dividend per share.
Dividends will be paid to the shareholders who
at the end of the tenth business day following the day of the
General Shareholders Meeting that adopted a decision on dividend
payment, i.e. on 15th of May 2024 were shareholders
of INVL Baltic Real Estate.
From 30th of May 2024 the
dividends will be allocated in the following order:
- to the shareholders, who’s INVL Baltic Real
Estate shares are accounted by a financial brokerage company or
credit institutions, which provide securities accounting services,
the amount of dividend, after deduction of Personal or Corporate
withholding income tax applicable by the laws of Lithuania, will be
transferred to the shareholders’ account held with a respective
financial brokerage company or credit institution;
- to the shareholders, who’s INVL Baltic Real Estate shares on
behalf of the Company are accounted by the authorised custodian
Siauliu bankas, AB, the dividend amount, after deduction of
Personal or Corporate withholding income tax applicable by the laws
of Lithuania, will be transferred to the shareholders’ account with
Lithuanian commercial bank as indicated by the
shareholders (requests with account indications should be
submitted to any branch of Siauliu bankas, AB. The list of the
branches of Siauliu bankas, AB can be
found here).
Procedure for dividends taxation for the year
2023:
- dividends paid to natural persons–residents of the Republic of
Lithuania and natural persons residents of foreign countries are
subject to withholding Personal income tax of 15 per cent;
- dividends paid to legal entities of the Republic of Lithuania and
legal entities–residents of foreign countries are subject to
withholding Corporate income tax of 15 per cent, unless otherwise
provided for by the laws.
The person authorized to provide additional information:
Real Estate Fund Manager of Management Company
Vytautas Bakšinskas
E-mail vytautas.baksinskas@invl.com
Invl Baltic Real Estate Ab (LSE:0RAS)
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Invl Baltic Real Estate Ab (LSE:0RAS)
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From Nov 2023 to Nov 2024