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Slovenia's Equinox to skip dividend payment for 2021

Author Radomir Ralev
Slovenia's Equinox to skip dividend payment for 2021 Matej Rigelnik; Source: Equinox; photo: Bor Dolenc

LJUBLJANA (Slovenia), June 16 (SeeNews) - Slovenian real estate company Equinox' [LJE:EQNX] shareholders approved the proposal of the board of directors to skip dividend payment on 2021 earnings, the company said.

Equinox will keep its 14.4 million euro ($15.1 million) profit in 2021 as undistributed, the company said in a filing with the Ljubljana Stock Exchange on Wednesday.

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Slovenia's Axor Holding is Equinox's majority shareholder with a 75.5% stake, followed by state-owned company Kapitalska Druzba with 18.75%. The remainder is owned by a number of minority shareholders.

Equinox, established on May 3, 2021, was the first real estate joint-stock company to join the Slovenian equity market. On January 31, 1,793,869 of its shares were listed on the standard market segment of the LJSE.

($ = 0.95789 euro)

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