Keo plc warns of possible delay to €1.69m dividend payment

Nicosia, Cyprus. Beverage company Keo plc said on Friday that technical issues with its dividend calculation software may delay the distribution of its approved dividend to shareholders.

The company said it is working to complete the payment before the original deadline of August 17, 2026, but will pay eligible shareholders no later than August 25 if the issues are not resolved.

Approved dividend

Shareholders approved a total dividend of €1.69 million at the company’s annual general meeting on July 8, 2026.

The payout amounts to 4 cents per fully paid share and will be funded from the company’s 2024 profits held in its revenue reserve.

Eligible shareholders

Under the terms set out in Keo plc’s announcement of July 9, 2026, shareholders registered on the Cyprus Stock Exchange register on July 20, 2026, remain entitled to the dividend.

The company’s shares began trading ex-dividend on July 17, following the close of trading on July 16, which was the final cum-dividend date for qualifying investors.

Investors who acquired shares through off-market transfers completed by the July 20 record date are also entitled to the 4-cent-per-share distribution.

Annual general meeting

At the July meeting, shareholders approved the directors’ report and consolidated financial statements for the financial year ended December 31, 2025.

They also re-elected Ioannis Charilaou, Demos Demou and Simos Chamboullas to the board after they retired by rotation under the company’s articles of association.