Demetra Holdings dividend distribution issues and shareholder procedures
Demetra Holdings distributed a €20 million dividend on September 29, 2026, following approval at the Annual General Meeting on June 30, 2026. The dividend amounts to €0.10 per share. While the company stated that the vast majority of checks were delivered, some were returned due to outdated or incorrect contact information in the Cyprus Stock Exchange (CSE) registry. Athos Chandriotis, CEO of Demetra, confirmed that the company is currently addressing these cases where mail failed to reach the recipients.
Procedural challenges have also emerged for heirs of deceased shareholders. Angeliki Frangou, head of the CSE Central Depository, clarified that shareholders or their heirs must handle the transfer of titles through the CSE before requesting a re-issuance of dividend checks from Demetra. The transfer process for heirs requires official documentation, including a death certificate and tax records. The company remains solely responsible for the physical issuance and re-issuance of dividend checks once the registry details are verified and corrected.