RETAIL HOLDINGS N.V. ANNOUNCES $0.56 PER SHARE DISTRIBUTION
WILLEMSTAD, Curacao, July 25, 2022 /PRNewswire/ -- Retail Holdings N.V. (Symbol: RHDGF) -- Retail Holdings N.V. ("Retail Holdings" or the "Company") announced that the Retail Holdings Board of Directors has approved a distribution of
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The Company is not able at this time to characterize the distribution as to whether it is a return of capital, a dividend, or otherwise for US federal income tax purposes. This will only be ascertained with certainty following the closing of the Company's 2022 year-end accounts, sometime after December 31, 2022.
The distribution is to be funded from Retail Holdings' existing cash balance. For a fuller explanation as to the Company's current status, intentions and likely timetable, including with regard to any future distributions, please see the Chairman's Letter to Shareholders, dated July 25, 2022, posted on the Corporate/Investor, Annual and Periodic Reports section of the Company's website www.retailholdings.com and included with the 2022 Retail Holdings N.V. Proxy Statement mailed to Shareholders.
Additional financial and other information about Retail Holdings N.V. may be found at the Corporate/Investor section of the Company's website: www.retailholdings.com. Price quotations for the Company's shares are available on the "Pink Sheets" quotation services under the symbol "RHDGF".
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SOURCE Retail Holdings N.V.