TIM Hellas Ordinary General Meeting of Shareholders Approves Dividend Distribution.ATHENS, Greece -- TIM TIM Timothy TIM Technical Interchange Meeting TIM Transient Intermodulation Distortion TIM Time Is Money TIM The Invisible Man (movie) TIM Telecom Italia Mobile (Italian cellular provider) Hellas Telecommunications SA (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :TIMHY; Amsterdam:TIMHY) today announced that the Ordinary General Meeting of the company's shareholders held today, approved the Board of Directors' proposal for the distribution of dividends for the year ended December 31, 2004. According to the relevant decision of the Ordinary General Meeting, the net cash dividend per share for the 2004 financial year will be EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 0.10. Registered holders of TIM Hellas shares on April 8, 2005 will be entitled to the dividend payment. The dividend payment date has been set to May 23, 2005. Dividends to holders of ADR's will be distributed in accordance with the provisions of the Depository Agreement between TIM Hellas and the Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. and dividends to holders of DDR's will be distributed in accordance with the provisions of the Depositary Agreement between TIM Hellas and N.V. Algemeen Nederlands Trustkantoor (ANT). "We are pleased to distribute a stable dividend of EUR 0.10 per share for the year 2004, in spite of the lower operating performance seen this past year, thus once more re-affirming the company's consistent commitment to providing a tangible return for our shareholders," said Mr. Socrates Kominakis, Chief Executive Officer of TIM Hellas. TIM Hellas Telecommunications SA (Nasdaq:TIMHY; Amsterdam:TIMHY) is at the forefront of mobile communications in Europe
• • [ and its TIM brand stands for innovative products and services. The company's majority shareholder is TIM International NV of the Telecom Italia Group (NYSE NYSE See: New York Stock Exchange : TI), and its stock is publicly traded on the Nasdaq and Amsterdam exchanges. |
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