„The Shareholders’ General Assembly, by 13.502.145 of votes For representing 23,88806% of the total number of votes cast, by 43.020.419 of votes Against representing 76,11194% of the total number of votes cast and by 0 of votes Abstention does not approve the distribution of dividends from the profit recorded on 31.12.2022, with a gross dividend of 0.71 lei/share, according to Note no. 15222/23.03.2023”.

In line with ZF calculations, the total value of dividends due to be distributed in June 27, 2023 would have stood at RON52 million and the dividend return stands at 2.8% at the closing price of March 23.

In its annual preliminary financial report, the company announced RON59 million net profit, from RON450,000 in 2021, amid RON2.3 billion consolidated revenues, up 77%.

Transelectrica has a RON1.83 billion capitalization and is 58.7% controlled by the Romanian state.

The company’s shares have added 15.6% since the start of the year amid deals worth RON35.4 million.

(English version by Catalina Apostoiu)