Management Board of PGE Polska Grupa Energetyczna S.A. proposes distribution of profit for 2015
31/2016
23.05.2016 22:00
Art. 56 section 1 p. 1 of Act on Public Offering – confidential information
Contents of the report
The Management Board of PGE Polska Grupa Energetyczna S.A. (the “Company”) discloses that on May 24, 2016 it decided to address the Company’s Annual General Meeting with a motion for approval of proposed distribution of net profit for 2015, proposed dividend date and proposed dividend payment date.
The Management Board of the Company decided to propose a distribution of net profit for 2015 in accordance with the applied dividend policy and proposes a dividend for shareholders of PLN 0.92 per share, i.e. total amount of PLN 1,720,179,962.68.
The proposed dividend date is September 23, 2016 and the proposed dividend payment date is October 14, 2016.
Legal ground: Art. 56 section 1 point 1 of the Act on public offering, conditions governing the introduction of financial instruments to organised trading, and public companies (Dziennik Ustaw of 2009, no 185 item 1439).
The Management Board of the Company decided to propose a distribution of net profit for 2015 in accordance with the applied dividend policy and proposes a dividend for shareholders of PLN 0.92 per share, i.e. total amount of PLN 1,720,179,962.68.
The proposed dividend date is September 23, 2016 and the proposed dividend payment date is October 14, 2016.
Legal ground: Art. 56 section 1 point 1 of the Act on public offering, conditions governing the introduction of financial instruments to organised trading, and public companies (Dziennik Ustaw of 2009, no 185 item 1439).
Signatures of persons representing the company
| Date | Name | Position and function |
|---|---|---|
| 2016-05-24 | Henryk Baranowski | President of the Management Board |
| 2016-05-24 | Emil Wojtowicz | Vice-President of the Management Board |