English
Dividends to the individual shareholders in the Property Funds will be paid around November 1st through the Savings Bank (CEC). Until then, Property Fund shareholders will convene on September 25th to validate the decision. Dividends will total some 36 million RON, equivalent to a gross 0.002533334 RON/share.
"The shareholder meeting is a clear sign that Property Fund has become operational. The fact that shareholders will convene to make the first decisions regarding the future of the company is of capital importance... plus the dividend disbursement," said CEO Alexandru Paunescu.
"Beyond the actual value of the dividends, what matters the most is that we are finally offering tangible evidence to those who have been waiting for so long to see their ownership rights restored," he added. The shareholders will also discuss appointing a financial auditor for the next three years and the budget for the current year.
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