Lumi has completed a refinancing in connection with the listing on 17 February 2021 and will not pay a dividend to its shareholders in 2021. The Company’s dividend policy is to strive to distribute dividends to the shareholders. The Company’s target pay-out ratio is to distribute 60-80 per cent of net profit in the future.
However, the amount of any dividend to be distributed will be dependent on, inter alia, the Company’s investment requirements and rate of growth. There can be no assurance that in any given year a dividend will be proposed or declared, or if proposed or declared, that the dividend amount will be as contemplated above.