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March 03, 2016 12:00 AM

Plama-pur pays first interim dividend

Simon Robinson
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    Podgrad, Slovenia — Plama-pur, a flexible foam company, has paid its first interim dividend in 50 years of trading.

    According to an announcement in Slovenian on its website, Plama-pur’s shareholders took the decision at the company’s 26th general meeting on 9 February, 2016. The dividend was paid on 29 February.

    The meeting was convened to change the company’s articles of association to enable the payment of interim dividends. Plama-pur has three shareholders and is based in Podgrad, about 85 km south-west of Ljubljana.

    At the meeting the company announced that it had made a net profit of EUR 3 m in 2015, and the management board was authorised to pay an interim dividend of EUR 1.5 m to the shareholders. In addition, the meeting agreed to pay an additional EUR 0.5 m in retained profit from 2014 as a dividend to shareholders.

    Plama-pUR has three shareholders AG.d.d.(50%), Plasta llc (25.02%) and Thermoplastic flame llc (24.98%)

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