Lufax announces $1.21 per share special cash dividend

On March 21, the board of directors of the company resolved to recommend the declaration and distribution of a special dividend out of the share premium account under the reserves of the company in the amount of $1.21 per ordinary share or $2.42 per ADS. The special dividend will be payable in cash, with eligible holders of ordinary shares given an option to elect to receive the special dividend wholly in the form of new ordinary shares and eligible holders of ADSs given an option to elect to receive the special dividend wholly in the form of new ADSs. The special dividend is subject to the approval of shareholders at the forthcoming annual general meeting to be held on May 30.