The shareholders of Semapa approved this Wednesday, in a general meeting, the distribution of reserves for an amount of almost 100 million euros, the Portuguese Securities Market Commission (CMVM) reported this day.
“We inform you that in the extraordinary general assembly of the company, which took place this Wednesday at 3:00 p.m., the proposal to distribution of reserves for a net amount per share of 1,252 euroswhich corresponds to a total net amount of 99,996,445 euros, to be distributed among the shareholders in proportion to their participation, excluding treasury shares in the portfolio”, reads the statement sent to the CMVM.
The amount in question will be paid as of December 13 and, as of the 9th of the same month, the shares will be traded on the stock market.”no right to reserve payment????????
The proposal was presented by Sodim, which had already justified its position with the fact that Semapa had deposited €1,164,631,426 under the “other reserves” heading of the balance sheet approved at the end of 2021 and presented a “favorable performance” in the year in grade. .
“Semapa has financial resources compatible with the distribution of reserves and there are no legal or statutory impediments or capital conservation regarding the partial distribution of reserves,” he said, in a statement sent to CMVM at the beginning of the month.
In the trading session of that day, Semapa shares advanced 2.14% to 14.34 euros.
Source: Observadora
