MNG Airlines Announces Approximately $35 Million Dividend for Fiscal Year 2022
The board of directors of MNG Havayolları ve Taşımacılık A.Ş. ("MNGA") has announced its intent to distribute a cash dividend of TRY 662 million (TRY 16.76 per ordinary share), or approximately $35 million ($0.89 per ordinary share) based on the exchange rate from S&P CapitalIQ as of February 17, 2023, for the fiscal year 2022 subject to the approval of its shareholders in its upcoming general assembly to holders of record of MNGA's ordinary shares as of the general assembly date.
Assuming the previously announced proposed business combination with Golden Falcon Acquisition Corp. ("Golden Falcon") is consummated, and the Available Cash Condition (as defined in the business combination agre
