Logicom Public Ltd has announced that its board of directors has approved the company’s annual financial report for the year 2024.
This includes the group’s and the parent company’s audited consolidated financial statements, the management report, and the corporate governance report.
These will be presented at the company’s annual general meeting (AGM), which is scheduled to take place on June 19, 2025 at 18:30 at the Olympic House in Nicosia.As part of its resolutions, the board decided to propose for shareholder approval the distribution of a dividend of €0.10 per share.
This amount represents 29.4 per cent of the nominal value of the share.
The proposed record date for determining dividend entitlements is Thursday, July 3, 2025.
This will include transactions conducted up to the close of the trading day on Tuesday, July 1, 2025.
Therefore, shares of the company will be traded with dividend rights (cum-dividend) until and including July 1, 2025.
From the beginning of the trading day on July 2, 2025, the shares will be traded ex-dividend, meaning without entitlement to the proposed dividend.
Investors who acquire shares through over-the-counter transactions that are registered in the central securities depository system by the proposed record date will also be entitled to the dividend.
The proposed payment date for the dividend is July 18, 2025.
The exact date of the dividend dispatch will be announced in due course.
Finally, the announcement noted that the company’s annual report and financial statements for the year 2024, in the European Single Electronic Format (ESEF), have been published on Logicom’s website.
