Romgaz Dividends – 2016

On June 15, 2017, the General Meeting of Shareholders approved the distribution of net profit, the gross dividend per share and the payment date of the dividends for financial year 2016 and additional dividends resulted from the distribution of some reserves and retained earnings.

Information regarding the dividends:

·         The Value of the Gross Dividend is 3.82 RON/share;

·         Net dividend payment will start on July 26, 2017 (Payment Day) and continues for a period of 3 years; the deadline for payment is July 27, 2020;

·         Romgaz shareholders registered in the Shareholders Registry (kept by Depozitarul Central) on the Registration Date July 5, 2017, have the right to receive dividends for financial year 2016 and additional dividends resulted from the distribution of some reserves and retained earnings;

·         „Ex-date”, the date as of which the financial instruments are traded without the right of receiving dividends, is July 4, 2017

Dividends are being paid in RON via Depozitarul Central S.A. and the Payment Agent BRD – Groupe Societe Generale S.A.

DIVIDEND PAYMENT METHODS:

A. For individuals/legal entities/other entities having accounts opened with a PARTICIPANT (Broker/Custodian Bank)

              → through Participants in the clearing – settlement and registry system of Depozitarul Central S.A.

B. For individuals/legal entities/other entities  who do not have an account opened with the Participant (Broker/Custodian Bank)  

     B.1. Through BANK TRANSFER in compliance with the requests sent directly to Depozitarul Central S.A.

     B.2. Through the PAYMENT AGENT  BRD - Groupe Societe Generale S.A:.  

                 → In CASH – exclusively for individuals;

                 → Through BANK TRANSFER  – for individuals / legal entities/other entities

·         List of BRD agencies :

In case of investment funds with no legal personality, classified as such according to Romanian capital market regulations, we indicate that on the 2016 dividend payment date a 5% withholding tax on gross dividend will be applied.
With respect to different interpretations regarding the taxation of dividends paid to investment funds with no legal personality, we inform you that S.N.G.N. Romgaz S.A. has undertaken several efforts to clarify this issue with the relevant fiscal bodies; the company has received no answer by this date.
If applicable, the dividend withholding tax for the above-mentioned shareholders will be settled after having a fiscal solution to this matter.