Re: Extraordinary General Meeting of the shareholders of Alkis Hadjikyriacos (Frou Frou) Biscuits Public Ltd


Dear Sirs,
The Extraordinary General Meeting of the shareholders of Alkis Hadjikyriacos (Frou Frou Biscuits) Public Ltd was held on 23 October 2020. The Extraordinary General Meeting:


Approved the proposal of the Board of Directors for the payment of a final dividend for 2019 of €270.000 which corresponds to €0.00273 per share or 1.05% on the nominal value of the Company’s share capital. The Board of Directors decided to follow a more conservative approach with regard to the payment of dividend by retaining profits in reserves due to the high level of uncertainty resulting from the impact of the COVID-19 pandemic on Cypriot and global economy.


Beneficiaries of the dividend will be the shareholders who will be registered in the records of the Cyprus Stock Exchange on 9 November 2020 (Record date). Therefore, the ex-dividend date of the shares of Alkis Hadjikyriacos (Frou Frou Biscuits) Public Ltd will be 6 November 2020. The dividend will be paid and posted to the shareholders by 27 November 2020 (payment date) and the exact date will be announced.


Yours,
FOR ALKIS HADJIKYRIACOS
(FROU FROU BISCUITS) PUBLIC LTD
Ariadne Samouel
CFO