Shareholders rejected KJK Balkan’s proposal to change the destination of other reserves and retained earnings from the company’s net profit obtained in previous years amounting to RON84.37 million and the distribution of this amount as a special dividend to shareholders with a value of RON0.3033 gross dividend per share.
KMG International owns 73% of Rompetrol Well Services and KJK Balkan Holding owns 10.7%.
Shareholders also approved June 3, 2021 as the Ex Date.
Rompetrol Well Services has a stock market capitalization of RON136 million.