Quest S A : Announcement regarding the distribution of dividends and part of previous years' retained earnings
June 14, 2024 at 05:05 am EDT
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Announcement regarding the distribution of dividends and part of previous years' retained
earnings
Quest Holdings SA (the 'Company') announces that the Annual Ordinary General Meeting of June 13, 2024, decided for the distribution of dividend and of part of previous years' retained earnings amounting to a total amount of twenty two cents (€ 0,22) per share (excluding the treasury shares held by the Company without eligibility to receive dividends).
The distribution amount is subject to a 5% tax withholding pursuant to articles 40 and 64 of the Law 4172/2013 (Government Gazette A' 167/23.07.2013), as amended by the Law 4646/2019, article 24 (Government Gazette A' 201/12.12.2019). As a result, the net payable amount will be € 0,2090 per share.
As of Tuesday, June 25, 2024, the Company's shares will be traded on the Athens Stock Exchange without entitlement to the above distribution (ex-dividend date).
Entitled to receive the dividend shall be all shareholders recorded in the register of the Dematerialized Securities System (DSS) administered by the "Hellenic Central Securities Depository S.A." as of Wednesday, June 26, 2024 (record date).
The payment date of dividends and prior years' retained earnings has been set for Monday, July 1, 2024, through the payor bank, Alpha Bank, as follows:
Through the participants in the DSS (Banks and Brokerage/Securities Companies), according to the provisions of the DSS Operation Regulation of the Hellenic Central Securities Depository (ATHEXCSD).
Especially in cases of payment of the dividend and of part of previous years' retained earnings to the legal heirs of deceased entitled shareholders, whose securities are kept in the Special Account of their S.A.T. ID in the DSS under ATHEXCSD custody, the disbursement process will be facilitated, following completion of the inheritance procedural steps, through any branch of the Alpha Bank network.
The amounts that will not be collected within a five (5) year period will be irrevocably reimbursed to the Greek State. For more information, investors are kindly requested to contact the Investor Relations Department, contact person Mr. Dimitrios Papadiamantopoulos, tel. +30 211 9994762, email: ir@Quest.gr.
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Quest Holdings S.A. is specialized in the distribution of computer and telecommunications products. In addition, the group offers IT, postal and financial services. Net sales are divided across the following activities:
- distribution of computer and telecommunications products (65.3%): PCs, laptops, tablets, printers, telecommunications equipment, smart objects etc. Quest Holdings S.A. also manages the "you.gr" e-commerce platform;
- IT services (16.1%): design and implementation of integrated IT solutions; development of cloud-based applications; systems integration; development of digital communications and e-commerce platforms; development of enterprise application software; consulting services for company digital transformation, etc;
- mail and parcel delivery services (14.3%);
- development of electronic payment solutions (3.4%; business sold in September 2021): in particular, development and management of point-of-sale terminals;
- renewable energy production (0.9%).
Net sales are distributed geographically as follows: Greece (79.3%), rest of Europe (20.4%) and others (0.3%).