Blue Island Plc Proposes Payment of Dividend, Payable before 18 August 2018
April 20, 2018 at 12:34 am IST
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The Board of Directors of Blue lsland Plc, at its board of directors meeting held on April 19, 2018, decided to propose to the AGM the payment of a dividend of EUR 0.015 per share of nominal value EUR 0.17 (that is, 8.82% on the nominal value of the share). The total dividend to be paid (subject to AGM's approval) will be EUR 231.567. Subject to the approval of the AGM, the registered shareholders on the July 24, 2018, will be eligible to the dividend (record date). Consequently, shares of Blue lsland Plc traded on or after of July 23, 2018, will not be eligible to dividend (ex-dividend date). Finally, shareholder payment date of the dividend (subject to AGM's approval) will be before the 18th of August 2018.
Blue Island Plc is a Cyprus-based company engaged in the breeding and trading of fish. Its activities include fry breeding, through its subsidiary, Blue Fisheries Ltd; Mediterranean type fish-farming; tuna and swordfish fishing, through its subsidiary, Niras Trawlers Ltd; fish processing, namely fish fillets, fish burgers, smoked fish and marinated fish, and trade of products, which are either produced by the Company or which are imported and is done both through the Companyâs retail shops, as well as through wholesale distribution. The Company has three production facilities: the Hatchery Unit, which specializes in fry breeding and is located in the Akrotiri area in Limassol; the Open-Sea Fish Farming Unit, which specializes in fish breeding in open sea cages and is located at the Governors coastal area in Limassol, and the Fish Processing Unit, which processes, packages and distributes both fresh and frozen fish and is located in Strovolos, Nicosia.
BLUE ISLAND PLC 
