Market announcement
AS TALLINNA VESI
LEI code
5493000M6TVS2X0KWC97
Size of the entity
Large group
Economic activities
Water Supply; Sewerage, Waste Management and Remediation Activities
Country of registered office
Estonia
General information
Categories
Dividends
Unique data record identifier
8776
Submission date and time
03.05.2021 09:01:42
Content of announcement in Estonian
Title
AS Tallinna Vesi nõukogu kinnitas dividendiettepaneku
Message
AS Tallinna Vesi (edaspidi: Selts) nõukogu kinnitas dividendiettepaneku maksta 2020. aasta eest A-aktsia omanikele dividend 0,65 eurot aktsia kohta. Ettepaneku peab kinnitama Seltsi üldkoosolek, mis peetakse 03. juunil 2021. AS Tallinna Vesi aktsiakapital koosneb 20 miljonist A-aktsiast ja ühest eelisaktsiast ehk B- aktsiast. AS Tallinna Vesi aktsionärid võtsid 01.04.2021 vastu otsuse anda Seltsile nõusolek ühe B-aktsia omandamiseks Tallinna Linnalt, nimiväärtusega 60 (kuuskümmend) eurot ja tasuda selle eest Tallinna Linnale 60 (kuuskümmend) eurot. B-aktsia omandamine Seltsi poolt on läbi viidud ning sellega seoses B- aktsia kohta dividendi ei maksta. Ettevõtte jaotamata kasum 31.12.2020 seisuga on 74 243 000 eurot, millest 2020. aasta puhaskasum moodustab 16 732 000 eurot. Dividendi ettepaneku kogusumma moodustab 13 000 000 eurot. Aktsionäride üldkoosolekule esitatakse ettepanek maksta dividend aktsionäridele välja 29. juunil 2021. Dividendiõiguslike väärtpaberiomanike nimekiri fikseeritakse 18. juunil 2021 kell 23.59. Kristi Ojakäär AS Tallinna Vesi Finantsdirektor (+372) 62 62 262 [email protected]
Content of announcement in English
Title
Supervisory Board of AS Tallinna Vesi has approved the dividend proposal
Message
Supervisory Board of AS Tallinna Vesi (hereinafter the Company) has approved the dividend proposal to pay the shareholders a dividend of EUR0.65 per A-share for the financial year of 2020. The proposal will be submitted for approval to the Annual General Meeting of Shareholders on 03 June 2021. The share capital of the Company consists of 20 million A-shares and 1 preference share i.e. B-share. On 1 April 2021, the shareholders of AS Tallinna Vesi adopted the resolution to give consent to the Company for the acquisition of one B share with the nominal value of 60 (sixty) euros from the City of Tallinn and to pay the City of Tallinn 60 (sixty) euros for the B-share. The acquisition of B-share by the Company is completed and therefore no dividend payment will be made per B-share. Company´s retained profits as of 31 December 2020 were EUR74,243,000, including the net profit for 2020 in the amount of EUR16,732,000. The proposed dividend payment amounts to EUR13,000,000. Subject to approval at the Annual General Meeting, the dividend payment will be made on 29 June 2021 and the list of shareholders entitled to receive dividends is fixed based on the share ledger as at 23.59 on 18 June 2021. Kristi Ojakäär AS Tallinna Vesi CFO (+372) 62 62 262 [email protected]