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Titan Cement postpones payment

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World Cement,

Greece's Titan Cement Company S.A. has announced that it will postpone its 2014 dividend payment due to the bank holiday declared by the Greek government.

"There will be a new announcement regarding the new date and the method of payment of the dividend”, the company stated.

On 28 June Greece's government announced that the country's banks would shut down until 7 July, after talks between Athens and its creditors over bailout money came to a halt.

Edited from source by Joseph Green. Source: Reuters

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