Regulatory News:

 

The second instalment of the 2019 dividend is to be paid to UBS Group AG (NYSE:UBS) (SWX:UBSN) shareholders on 27 November 2020, subject to shareholder approval at an Extraordinary General Meeting (EGM) on 19 November 2020. This follows the decision at the 29 April 2020 Annual General Meeting (AGM) to split the distribution of the 2019 dividend into two equal instalments of USD 0.365 per share, consistent with a request by FINMA to Swiss banks in light of the uncertainty caused by COVID-19.

 

The first distribution of USD 0.365 per share was made on 7 May 2020. The second distribution of USD 0.365 per share will be paid out of the special dividend reserve established for this purpose at the 2020 AGM. 50% of this second distribution will be paid out of the capital contribution reserves and 50% will be paid out of retained earnings (same as with the first distribution in May 2020).

 

Similar to this year's AGM, personal attendance of shareholders at the EGM will not be possible due to the ongoing pandemic. UBS asks its shareholders to exercise their voting rights through the independent proxy by 16 November 2020. The result of the vote will be shared via a news release and at www.ubs.com/egm.

 

Shareholders can access the EGM agenda and related information at www.ubs.com/egm.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20201019005821/en/

 
    CONTACT: UBS Group AG 

Investors

Switzerland: +41-44-234 41 00

Media

Switzerland: +41-44-234 85 00

UK: +44-207-567 47 14

Americas: +1-212-882 58 58

APAC: +852-297-1 82 00

www.ubs.com/media

 
    SOURCE: UBS Group AG 
Copyright Business Wire 2020 
 

(END) Dow Jones Newswires

October 20, 2020 01:15 ET (05:15 GMT)

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