Dividend payout

Musti’s long-term objectives include to pay a dividend corresponding to 60–80 percent of net profit. Any potential dividend shall take into account acquisitions, the company’s financial position, cash flow and future growth opportunities.

The Board of Directors of Musti Group plc proposes to the Annual General Meeting on 21 January 2021 that shareholders will be paid a capital return of EUR 0.38 per share to be distributed from the invested unrestricted equity reserve totalling approximately EUR 12.7 million and that no dividend will be paid for the financial year ended 30 September 2020. The profit distribution corresponds to approximately 80% of the profit of the period excluding the impact of adjustments to EBITA of EUR 4.3 million.

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