Tecnotree Corporation Stock Exchange Release 2 October 2026 at 10:30 EEST
The Board of Directors of Tecnotree Corporation (the "Company" or "Tecnotree") has resolved to convene an Extraordinary General Meeting of Shareholders to be held on 23 October 2026 to resolve on the payment of dividend. The Board of Directors proposes that a dividend of EUR 0.02 per share be paid for the financial year 2025. The Board of Directors proposes 3 December 2026 as the record date of the dividend payment and 10 December 2026 as the payment date.
The Annual General Meeting of the Company held on 29 May 2026 resolved in accordance with the proposal of the Board of Directors not to distribute any dividend. At the time of the Annual General Meeting, the shares and other equity securities of the Company were subject to a public tender offer made by Resilience Investment Holdings Ltd. ("Resilience"). In its proposal to the Annual General Meeting, the Board of Directors noted that the Board of Directors is monitoring the progress of the tender offer and will carefully assess, taking into account also the Company's dividend policy, whether the prerequisites or appropriateness of a distribution of assets and the interests of shareholders need to be reconsidered following the conclusion of the tender offer process or otherwise in the event of a change in circumstances.
As published by the Company in a stock exchange release on 20 July 2026, Resilience resolved not to complete the public tender offer.
The Board of Directors has after assessing the matter, resolved to propose the payment of a dividend in line with Tecnotree's dividend distribution policy, which is to distribute 10% of its free cash flow in dividend. The proposed dividend of EUR 0.02 represents approximately 10% of the free cash flow of the financial period 2025.
The notice to the Extraordinary General Meeting will be published later today.