Investor News
Shareholders Assembly of MakTel approves dividend
Budapest, April 15, 2015 16:00
Magyar Telekom (Reuters: MTEL.BU and Bloomberg: BÉT: MTELEKOM HB), the leading Hungarian telecommunications service provider, announces that its subsidiary, Makedonski Telekom AD – Skopje (MakTel), has decided at its Shareholders’ Assembly today on a total dividend payment of MKD 2.26 billion (around HUF 10.9 billion at the April 14, 2015 HUF/MKD exchange rate of 4.82) for the financial year 2014.
According to Macedonian Accounting Standards (MAS), on a standalone basis,
MakTel recorded a net income of MKD 2.26 billion for 2014, all of which will be
distributed as dividend in line with the decision of the Shareholders’ Assembly.
Stonebridge Communications AD Skopje, which is 100% owned by Magyar
Telekom, is entitled to a dividend of approximately MKD 1.28 billion (approximately
HUF 6.18 billion).
This investor news may contain forward-looking statements. Statements that are not historical facts, including statements
about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates
and projections, and therefore should not have undue reliance placed upon them. Forward-looking statements speak only as of
the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future
events.
Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could
cause actual results to differ materially from those contained in any forward-looking statement. Such factors are described
in, among other things, our Annual Reports for the year ended December 31, 2013 available on our website at
https://www.telekom.hu.