During the Annual General Meeting, held on March 28, 2025, the Company's shareholders approved the distribution of a dividend for the financial year 2024 from the Company's equity reserves, in the amount of € 1.38 per share. All dividends will be paid in cash to the shareholders and shall be distributed after deduction of dividend withholding taxes of 15%, unless an exemption is applicable and timely requested.
The ex-dividend date is April 08, 2025. Dividend is owed to all holders of ordinary shares after market close on the preceding day. The date of record is April 09, 2025, during which all shareholders of the Company shall be identified.
Time Schedule
Annual general meeting: March 28, 2025
Press release: April 03, 2025
Ex-dividend date: April 08, 2025
Record date: April 09, 2025
Participation exemption request deadline: April 11, 2025 12.00 CEST
Date of payment to shareholders: April 17, 2025
For questions about this press release, please contact Investor Relations of Titan via info@titan-nv.com.
About Titan N.V.
Titan N.V. is a company without business activities and without staff as per September 13, 2023. As per September 13, 2023 Titan N.V. , previously called TIE Kinetix N.V., has transferred all of its activities and operations to SPS International Inc., a wholly owned subsidiary of SPS Commerce, Inc. in exchange for a consideration of € 68.35 million. Titan N.V. has subsequently distributed an amount of € 62.5 million as dividend to its shareholders on September 20, 2023. Since then, Titan N.V. is without business activities and staff. As at 30 September 2024, its primary asset is a receivable of € 2.8 million. The receivable was put in an escrow account with escrow agent Intertrust Escrow and Settlements B.V., and served as collateral against which certain representations and warranties can be claimed under the Share purchase Agreement with SPS International Inc. The escrow has been released on 1 November 2024.
Notice
This document is unaudited. All figures are stated in euro, unless indicated otherwise.
The ex-dividend date is April 08, 2025. Dividend is owed to all holders of ordinary shares after market close on the preceding day. The date of record is April 09, 2025, during which all shareholders of the Company shall be identified.
Time Schedule
Annual general meeting: March 28, 2025
Press release: April 03, 2025
Ex-dividend date: April 08, 2025
Record date: April 09, 2025
Participation exemption request deadline: April 11, 2025 12.00 CEST
Date of payment to shareholders: April 17, 2025
For questions about this press release, please contact Investor Relations of Titan via info@titan-nv.com.
About Titan N.V.
Titan N.V. is a company without business activities and without staff as per September 13, 2023. As per September 13, 2023 Titan N.V. , previously called TIE Kinetix N.V., has transferred all of its activities and operations to SPS International Inc., a wholly owned subsidiary of SPS Commerce, Inc. in exchange for a consideration of € 68.35 million. Titan N.V. has subsequently distributed an amount of € 62.5 million as dividend to its shareholders on September 20, 2023. Since then, Titan N.V. is without business activities and staff. As at 30 September 2024, its primary asset is a receivable of € 2.8 million. The receivable was put in an escrow account with escrow agent Intertrust Escrow and Settlements B.V., and served as collateral against which certain representations and warranties can be claimed under the Share purchase Agreement with SPS International Inc. The escrow has been released on 1 November 2024.
Notice
This document is unaudited. All figures are stated in euro, unless indicated otherwise.
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