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 :
Taking into consideration the different interpretations of the law on dividend tax paid to investment funds without legal personality considered as such according to regulations on the Romanian capital market, we state that on the payment date of the dividends for 2015 and 2016 the dividend tax was withheld by applying a 5% rate on the gross dividend.
Further to the correspondence with Romania fiscal authorities in order to clarify the situation, we inform you that starting with this date steps will be taken in order to reimburse the tax withheld from beneficiaries investment funds without legal personality for the dividends paid, in 2015 and 2016, considering that the provisions of Law 227/2015 on the Fiscal Code entered into force staring with January 1, 2016.
In order to set an appropriate fiscal treatment, S.N.G.N. ROMGAZ S.A. requests until August 23, 2017 the Participants and the Investment Management Companies to communicate the status of the shareholders representing Investment Funds without legal personality, within their custody. The situation will be accompanied by the documents mentioned in the announcement below.