The Poreč tourism and hospitality company Plava laguna will pay its shareholders a privileged fixed and regular dividend from last year’s net profit and from retained earnings from 2005, as decided by the company’s General Assembly at the end of last week, as reported by the Zagreb Stock Exchange.
Following the decisions of the General Assembly, of the 45.67 million kuna of last year’s net profit of Plava laguna, 2.28 million kuna will be allocated for legal reserves, a total of 105 thousand kuna or 1 kuna per privileged share will be set aside for the privileged fixed dividend, while 43.28 million kuna will be paid out as the regular annual dividend. Additionally, the Assembly decided that part of the retained earnings from 2005, or 26.1 million kuna, will be paid out as a regular dividend to holders of ordinary and privileged shares. After that, the retained earnings from 2005 amount to 6.47 million kuna. Following these decisions, the dividend per ordinary share of Plava laguna amounts to 108.12 kuna, and per privileged share to 109.12 kuna.
All shareholders of Plava laguna who are registered in the Central Clearing Depository 30 days prior to the decision on this payout have the right to receive such dividends. The Assembly also decided that a total of 3.64 million kuna will be allocated for rewards to the Supervisory Board and management of Plava laguna for the results achieved in 2009, which will burden this year’s operations. According to SKDD data, the majority shareholding in Plava laguna of 80.34 percent is held by the Liechtenstein company Sutivan Investments Anstalt. (H)
