HSBC Malta ensures local shareholders receive dividends on time

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HSBC Bank Malta announced that in view of the present COVID-19 situation and the directives issued by the Public Health Authorities, the dividend will be paid to shareholders as planned but will postpone its AGM to a future date.

The dividend will be paid on 15 April 2020 to shareholders registered on the Shareholders’ Register on 9 March 2020, as previously declared through Company Announcement HSBC350 issued on the Malta Stock Exchange on 18 February 2020.

John Bonello, Chairman, HSBC Bank Malta said: “Our priority is always to safeguard the wellbeing of our employees, customers and shareholders.  As a Board, we are conscious that dividend payments are important to our shareholders and in particular to our local shareholders at this time.  For this reason, we have sought a practical solution to pay the dividend on the date we originally announced and to formally complete the process when the AGM is held.  These steps form part of a wider series of actions being taken by the bank to support the community at this extraordinary time.’