Magyar Telekom (Reuters: MTEL.BU and Bloomberg: MTELEKOM HB), the
leading Hungarian telecommunications service provider,
announces that the Board of Directors has reviewed the 2014 annual reports of Magyar Telekom Plc. prepared in
accordance with Hungarian Accounting Rules (HAR), and those of Magyar Telekom
Group prepared in accordance with IFRS, and proposes them for approval to the
Annual General Meeting. The Board of Directors also proposes no dividend
payment for the financial year 2014 for approval to the General Meeting.
Magyar Telekom’s Board of Directors’ announcement regarding 2014 dividend
2015. 02. 25. 18:00:16
The above proposal is in line with the Company’s dividend policy of maintaining its net debt ratio (net debt to total capital) within the 30%-40% range, and reflects the Group’s financial position. Magyar Telekom will hold its Annual General Meeting on April 15, 2015.
This investor news may contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore should not have undue reliance placed upon them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Such factors are described in, among other things, our Annual Reports for the year ended December 31, 2013 available on our website athttps://www.telekom.hu
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