No dividend payment in 2020
Triodos Bank N.V. has decided not to distribute the 2019 dividend on its Depository Receipts. The decision to revise its dividend proposal of 18 March 2020 has been taken in a direct response to the recommendation made by the European Central Bank and De Nederlandsche Bank (DNB) on 27 March to all banks, not to pay out dividend in order to prioritise supporting the real economy by lending to customers during the COVID-19 pandemic. Therefore, no proposals to pay out dividend will be made at the upcoming Annual General Meeting of Triodos Bank N.V. Please see our press release for more information.
Temporary closure of trading of Triodos Bank Depository Receipts
Triodos Bank has temporarily suspended the possibility to buy and sell Triodos Bank depository receipts due to the uncertainty the COVID-19 Pandemic has created in the economy. We intend to resume trading once the impact of this pandemic has become clearer. Please see our press release for more information.
The financial calendar for 2020 is as follows:
Triodos Bank's latest press releases can be found here.
More information on the past and future AGMs can be found here.
The latest online Annual Report can be found here.
Post trade information depository receipts 2019
In 2019 the trading in depository receipts has been executed without any issues. Trading was done each week, with the exception of the period 4 June 2019 – 3 July 2019. In this period there was a temporary closure for buy and sell orders of Depository Receipts, because the methodology which is the basis for the calculation of the price of depository receipts changed. All transaction orders that were submitted in 2019 have been executed, at the predetermined price.
In total we processed buy orders representing a total of 152 million euros. At the same time we processed sell orders representing a total of 77 million euros.
The prices against which the orders were executed were identical to the price quoted on the Triodos website on the date the transaction orders were submitted: