REG - OMV Petrom S.A. - Initial dividend proposal for 2021

OMV Petrom SAAnnouncement

03/02/2022 07:00

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RNS Number : 5840A  OMV Petrom S.A.  03 February 2022

 

 

 

 

 

OMV Petrom S.A.

Ad hoc report

February 3, 2022

 

In compliance with Law no. 24/2017 on issuers of financial instruments and
market operations and Financial Supervisory Authority Regulation no. 5/2018 on
issuers of financial instruments and market operations

 

Date of report: February 3, 2022

Name of issuer: OMV Petrom S.A. ("OMV Petrom")

Headquarters: Bucharest, 22 Coralilor Street, District 1, ("Petrom City")

Telephone/fax number: +40 372 161930/ +40 372 868518

Sole registration number at the Trade Register Office: 1590082

Fiscal attribute: RO

Trade Register Number: J 40/8302/1997

Share capital: 5,664,410,833.5 RON

Regulated market on which the issued shares are traded: Bucharest Stock
Exchange and London Stock Exchange

 

 

Significant event to be reported:

Executive Board's initial proposal regarding dividend distribution for the
financial year 2021

 

In accordance with the legal and statutory provisions, it is under the
Executive Board's duty to make recommendations to the shareholders regarding
the distribution of profits.

Based on the preliminary results for the year ended December 31(st), 2021, the
Executive Board of OMV Petrom S.A. proposes a gross dividend of RON
0.0341/share for the 2021 financial year, which is a 10% year on year
increase, at the high end of the 5-10% range stated in the dividend guidance.

This initial proposal was also presented to the Audit Committee and complies
with the current dividend policy, as well as the dividend guidance, as
published on the OMV Petrom S.A.'s corporate website.

The Executive Board's final proposal for the distribution of dividends for the
financial year 2021 will be submitted for approval to the April 2022 Ordinary
General Meeting of Shareholders after the approval by the Supervisory Board,
following Audit Committee review.

 

Christina
Verchere
Alina Popa

Chief Executive
Officer
Chief Financial Officer

President of the Executive
Board
Member of the Executive Board

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