Management Board's proposal regarding allocation of profit for 2016

28/2017

11.05.2017 15:50

Art. 17 sect. 1 of MAR – inside information.

Contents of the report

The Management Board of PGE Polska Grupa Energetyczna S.A. (the “Company”) discloses that on May 11, 2017 it has decided to address the Company’s Annual General Meeting with a proposal to allocate the whole net profit for year 2016 in amount of PLN 1,597,678,012.98 to the reserve capital.

Signatures of persons representing the company

Date Name Position and function
2017-05-11 17:50:37 Emil Wojtowicz Vice-President of the Management Board
2017-05-11 17:50:37 Ryszard Wasiłek Vice-President of the Management Board