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Bulgaria's Gradus to get 1.5 mln euro dividend from unit Millennium 2000

Nov 14, 2019, 1:23:46 PMArticle by Mario Tanev
share
November 14 (SeeNews) - Bulgarian poultry producer Gradus [BUL:GR6] said on Thursday that it will receive an additional dividend of 3 million levs ($1.7 million/1.5 million euro) from its wholly-owned unit Millennium 2000.

Bulgaria's Gradus to get 1.5 mln euro dividend from unit Millennium 2000
Author: Gradus / All rights reserved.

The 3 million levs represent part of Millennium 2000's undistributed profit in 2018, Gradus said in a bourse filing.

Earlier this year, Millennium 2000 distributed 1 million levs of its profit in 2018 as dividend to Gradus.

As at 11:05 CET on Thursday, Gradus shares traded 0.59% lower at 1.69 levs on the Bulgarian Stock Exchange.

Gradus controls six units - Gradus-1, Gradus-3, Gradus-98, Lora-2004, Millennium 2000, and Zhyuliv.

(1 euro = 1.95583 levs)

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