Shareholders Assembly approved Crnogorski Telekom dividend
According to Montenegrin Accounting Standards, Crnogorski Telekom recorded a net income of EUR 15.9 million for 2015. In line with the decision of the Shareholders Assembly, the total amount of the net income and in addition EUR 3.4 million of retained earnings shall be distributed as dividends. Magyar Telekom, which has a 76.53% stake in the company, is entitled to a dividend payment of approximately EUR 14.7 million (HUF 4.6 billion).
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, 2015 available on our
website athttps://www.telekom.hu
