Current reports
Current report no. 3/2018
Proposal of the Management Board regarding the distribution of ZE PAK SA's net profit for the financial year ended December 31, 2017
Legal basis:
Art. 17 item 1 MAR – Inside information
Contents of the report:
Zespół Elektrowni Pątnów-Adamów-Konin SA (the "Company") informs that on May 8, 2018, the Management Board of the Company adopted a resolution regarding the proposal to divide the net profit for the financial year ended December 31, 2017.
In the resolution adopted, the Management Board of the Company decided to propose to divide the net profit achieved by the Company in 2017 in the amount of PLN 90 636 796.27, as follows:
a) the amount of PLN 60 988 256.40 for dividend payment, which means that PLN 1.20 will be allocated per one share,
b) the remaining part of the profit in the amount of PLN 29 648 539.87 to allocate to the Company's supplementary capital.
The proposed amount of the dividend is 67.29% of the Company's net profit achieved in 2017.
The proposal of the Management Board regarding the distribution of ZE PAK SA's net profit for the financial year ended December 31, 2017 will be reviewed by the Company's Supervisory Board and the final decision on how to distribute the profit will be taken by the General Meeting of the Company.
Signatures of persons representing the Company:
Adam Kłapszta – President of the Management Board
Aneta Lato-Żuchowska – Vice President of the Management Board