Bank of Valletta plc - Cancellation of Dividend

On 20 October 2020, Bank of Valletta plc announced that in line with the most recent recommendation by the European Central Bank that credit institutions should refrain from paying, or commit to paying, dividends for the 2019 and 2020 financial years, the Board of Directors of BOV decided to withdraw its original recommendation to the Annual General Meeting to approve the payment of a final net dividend of €0.017 per share in respect of the 2019 financial year. BOV also added that it will reassess the situation during Q1 2021 as recommended by the ECB.