Magyar
Telekom announces that its subsidiary, Crnogorski Telekom A.D. Podgorica, has
held its Shareholders Assembly today and made a decision on a total dividend
payment of EUR 16.5 million (around HUF
4.9 billion at the May 17, 2012 HUF/EUR exchange rate of 296.15) for the
financial year 2011.
Shareholders Assembly approved Crnogorski Telekom dividend
2012. 05. 18. 15:30:00
According to Montenegrin Accounting Standards, Crnogorski Telekom recorded a net income of EUR 16.5 million for 2011. In line with the decision of the Shareholders Assembly the total amount will be distributed as dividends. Magyar Telekom, which has a 76.53% stake in the company, is entitled to a dividend payment of approximately EUR 12.6 million (HUF 3.7 billion).
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