Brief: UmweltBank To Waive Distribution Of Profits

Umweltbank AG

30/04/2020 07:06

April 30 (Reuters) - UmweltBank AG  UBKG.DE :
    * SAID ON WEDNESDAY FOLLOWS THE REQUEST OF THE BANKING
SUPERVISORY
AUTHORITY TO WAIVE THE DISTRIBUTION OF PROFITS UNTIL OCTOBER
2020
    * TO PROPOSE TO AGM NOT TO USE THE NET PROFIT FOR THE FY
2019 FOR
A DIVIDEND, DESPITE THE INITIAL PROPOSAL OF DIVIDEND OF 0.33
EUR/SHR 

    
 Source text - https://bit.ly/3d58aBf
    
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