Brief: Roularta To Propose To General Meeting Not To Pay Dividend

Roularta Media NV

23/03/2020 17:21

March 23 (Reuters) - Roularta Media Group NV  RLRT.BR :
    * ROULARTA CONTINUES TO PRODUCE AND DISTRIBUTE ALL
NEWSPAPERS AND
MAGAZINES VIA PRESS OUTLETS AND BY POST
    * PUBLICATION OF COMPLIMENTARY MAGAZINES DE STREEKKRANT AND
DE
ZONDAG WILL BE STOPPED FOR 5 WEEKS
    * TEMPORARY UNEMPLOYMENT HAS BEEN INTRODUCED FOR
COMPLEMENTARY
MAGAZINES RELATED ACTIVITIES
    * BOARD OF DIRECTORS WILL PROPOSE TO GENERAL MEETING THAT A
DIVIDEND NOT BE PAID
    * ADVERTISING MARKET, WHICH STILL REPRESENTS 40% OF
ROULARTA'S
REVENUE, IS SUFFERING FROM CORONA VIRUS

Further company coverage:  RLRT.BR 

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