Cytrustees declares interim dividend

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At the meeting held on September 27, 2007, the Board of Directors of Cytrustees Investment Public Company Limited decided to declare the payment of an interim dividend of 6 cents or 10.27 euro cents per share.  The cum-dividend date will be October 9, 2007, while the shares will trade ex-dividend on October 10, 2007.  The dividend will be paid to the shareholders on November 2, 2007. 

According to the Dividend Reinvestment Plan, shareholders have the option to reinvest the dividend in Company’s shares.  The sale price for the aforementioned dividend will be 15% lower than the average closing price of the share in the CSE during the first five business days that the share will trade ex-dividend, October 10 – 16, 2007 with a minimum price of 67 cents (nominal value).  The sale price will be announced on October 17, 2007 and the beneficiaries will be able to register or withdraw their participation in the Plan for the aforementioned dividend. 
The Board is also proceeding with a buyback programme effective from September 28, 2007 to May 30, 2008, according to which the company will be able to buyback up to 1,500,000 own shares. 

The possession of the shares must not exceed two years. The Program aims to reduce the Company’s capital. 

 

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