Sarantis S A : Announcement of Dividend Payment of Fiscal Year 2023
April 29, 2024 at 11:08 am EDT
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Athens, April 29th 2024
Announcement of dividend payment of Fiscal Year 2023
Following the General Shareholders Meeting resolution dated April 23rd 2024, the company GR. SARANTIS S.A. announces the distribution of a dividend payment for the fiscal year 2023 amounting to 0.2243810571946866 euro per share.
According to the legislation in force, the dividend corresponding to the company's 1,995,808 treasury shares will be added to the dividend payable to the other shareholders, hence the dividend is increased to 0.231286048 euro per share. The dividend amount is subject to a 5% withholding tax and therefore shareholders will receive a net amount of 0.2197217456 euro per share.
As of Thursday, May 2nd 2024 (cut-off date), the shares of the Company will be traded in Athens Exchange without the right to receive the 2023 dividend. The eligible shareholders to receive the dividend are the shareholders registered in the Dematerialized Securities System's records on May 8th 2024 (Record date).
The payment of the dividend for the fiscal year 2023 will commence on Monday, May
13th 2024 and will be processed through the paying bank "EUROBANK S.A." as follows:
Through the operators of shareholders entitled to the dividend within the Dematerialized Securities System (Banks and Securities Companies), and according to the Regulation and resolutions of the Hellenic Central Securities Depository.
Especially concerning the dividend payment to heirs of deceased beneficiaries whose titles are kept in the Special Account of their Share in the Dematerialized Securities System, under the management of ATHEXCSD, the dividend payment process will be carried out after the completion of the legitimization of the heirs, through EUROBANK S.A. network for a period of one (1) year after the payment date (i.e. until May 12, 2025).
After the lapse of one year from the payment date, i.e. as of May 13th 2025, the dividend payment will only be effected from the company's headquarters at Marousi Attica (26 Amaroussiou - Halandriou Street).
For additional information, the Shareholders are requested to contact the Company's Investor Relations Department (contact telephone number + 30 210 6173065).
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Sarantis S.A. is one of the world's leading distributors of branded consumer products. Net sales break down by family of products as follows:
- cosmetic products (42.3%): perfumery and toiletry products (Antonio Banderas, BU, C.THRU, Denim, Elode, Myrto, Noxzema, Prosar, STR8, Tesori l'Oriente and Vidal), skin care products (Astrid, Bioten, Elmiplant and Kolastyna), sun screen products (Carroten, Coppertone and Piz Buint) and hair care products (Final Net and Orzene Beer);
- household products (39.8%): food preservation products (Domet, Fino, Fox, Grosik, Hewa, Jan, Korunka Sanitas and Topstar), home maintenance equipment (Afroso, Ava, Flame, Septifos and Tuboflo), insecticides (Globol, Pyrox and Teza), shoe creams (Camel), etc. ;
- other (12.4%): including health care products, dietary supplements, pregnancy tests, etc.
The remaining net sales (5.5%) are from the manufacturing of plastic packaging products (Label Polipak).
At the end of 2020, the group operated a network of nearly 110,000 sales outlets in Europe.
Net sales are distributed geographically as follows: Greece (34.6%), Poland (23.6%), Romania (14%), Ukraine (7.1%), Czech Republic (5.2%), Serbia (5.1%), Bulgaria (3.3%), Hungary (2.6%) and others (4.5%).
SARANTIS S.A. 
