TextMagic AS

12/02/2024 | Press release | Distributed by Public on 12/02/2024 01:14

TextMagic AS payout related to share capital reduction

TextMagic
Company Announcement

TextMagic AS payout related to share capital reduction

On May 22, 2024, the shareholders of TextMagic AS resolved to reduce the share capital by €32,725,000 to €850,000. As a result, a distribution of €0.59 per share was approved for the shareholders for a total of €5,015,000. The remaining amount of €3.26 per share was allocated to the voluntary equity reserve.

The share capital reduction was registered in the Commercial Register on August 26, 2024. According to the stock exchange announcement published on October 8, 2024, the payout to shareholders will be made on December 3, 2024, in accordance with the deadlines set forth in the Commercial Code.

The ex-date for changes in shareholders' rights was May 20, 2024. The list of shareholders entitled to receive the payout resulting from the share capital reduction was recorded at the end of the working day on May 21, 2024, in the Nasdaq CSD Estonia settlement system.

Additional information:

Getter Grünmann
TextMagic AS, CFO
[email protected]
investor.textmagic.com


TextMagic AS published this content on December 02, 2024, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on December 02, 2024 at 07:14 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]