Notice to shareholders To the Montenegrin Transmission System Operator AD Podgorica, that, based on the Decision on Dividend Payment passed at the 15th Ordinary General Meeting of Shareholders held on 28 June 2024, a dividend will be paid from the profit achieved in 2023.
The total gross dividend payable to shareholders amounts to 10.000.000,00 €.
The gross dividend per share is 0.068411332 € (the net amount is 0.058149632 €).
The dividend payment will begin on 23 August 2024.
The dividend will be paid to the shareholders of Crnogorski elektroprenosni sistem AD who held shares on 28 June 2024, that is, on the day the decision on dividend distribution was made.
Legal entities should send a payment order to the Bank, on the company's letterhead and in the form available on the bank's website. www.erstebank.me, in its network of branches and on request via email info@erstebank.me i dividenda@erstebank.me. If you are not a depositor of Erste Bank, the following documentation must be provided to the Bank along with the completed payment order: the latest extract from the CRPS; a copy of the current depositary signature card from the bank specified in the request, which contains the signature of the person authorised to act on behalf of the depositor; a copy of the identity document (identity card or passport) of the person authorised to act and the identification document of the holder of the instruction, in the event that the instruction is submitted by a person who is not authorised to act.
Completed payment slips and other required documentation (for shareholders who are not depositors of Erste Bank Podgorica) should be sent to the following bank address, by post or by email:
Erste Bank AD Podgorica
Arsenija Boljevića 2A, Podgorica 81 000
Contact: dividenda@erstebank.me i info@erstebank.me
For private individuals, dividends will be available at all Erste Bank branches. You can collect your dividend with a valid form of identification (identity card or passport).
If a natural person (resident) is unable to collect the dividend in person at Erste Bank branches, they must authorise a third party (with a power of attorney notarised by a notary public in Montenegro) to collect the dividend on their behalf.
Natural persons (non-residents) are required to submit the following documents to CGES, which must be notarised:
's missing a request for dividend payment with clear and accurate payment instructions;
's missing a copy of an identity document (identity card or passport).
Please send your payment instructions and identification documents, which must be notarised, to the following address or by email:
Montenegrin Electricity Transmission System AD Podgorica
18 St. Petar Cetinjski Boulevard
Podgorica 81 000
Email: dividenda2023@cges.me
For any further information, shareholders may contact the Montenegrin Transmission System Operator AD via:
tel: +382 20 416 829
Executive Director
Ivan Asanović, MEng