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21st March, 2019

OTP to pay Ft 219 dividend

The board of directors of OTP is recommending that shareholders approve a Ft 219 dividend per share at the AGM on April 12, the bank group announced on the stock exchange website.

As reported earlier, shareholders will also vote on the separation of the chairman and CEO positions, both of which are filled by Sándor Csányi at present.

OTP will not pay dividends on its own shares and the saved amount will be distributed among other shareholders.

OTP approved a Ft 219 dividend per share last year, but actually paid Ft 221.35 due to this rule.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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