Report No. 12 - Adoption by the Management Board and Supervisory Board of Stalexport Autostrada Małopolska S.A. resolutions on payment of the Interim Dividend expected at the end of 2016 financial year
Adoption by the Management Board and Supervisory Board of Stalexport Autostrada Małopolska S.A. resolutions on payment of the Interim Dividend expected at the end of 2016 financial year
The Management Board of Stalexport Autostrady S.A. informs that on 2 November 2016 Management Board and Supervisory Board of Stalexport Autostrada MaÅ‚opolska S.A. with its registered office in MysÅ‚owice (which is a 100% subsidiary company of Stalexport Autoroute S. à r.l. with its registered seat in Luxemburg, which is in turn a 100% subsidiary company of Stalexport Autostrady S.A.) passed resolutions on payment to the shareholders of Stalexport Autostrada MaÅ‚opolska S.A. of the Interim Dividend expected at the end of 2016 financial year as follows:
Resolution No. 01/11/2016
of Management Board of
Stalexport Autostrada Małopolska S.A.
with its registered office in Mysłowice
on November 2, 2016
on payment of the Interim Dividend expected at the end of financial year 2016 to the Stalexport Autostrada Małopolska S.A. shareholders
1. Pursuant to § 12 sec. 3 and § 30 sec. 3. of the Statutes of Stalexport Autostrada MaÅ‚opolska S.A. and Art. 349 § 1 of the Code of Commercial Companies the Management Board of Stalexport Autostrada MaÅ‚opolska S.A. hereby decides on payment to the shareholders of the Interim Dividend in accordance with the following terms and conditions:
a) payment of the Interim Dividend shall occur between 25.11.2016 and 23.12.2016;
b) total amount of the Interim Dividend shall be PLN 85.000.000,00;
c) determination of shareholders entitled to receive the Interim Dividend shall occur on the seventh working day preceding date of payment of the Interim Dividend.
2. Payment of the Interim dividend shall be made upon its prior approval to be given by the Supervisory Board of Stalexport Autostrada Małopolska S.A.
Resolution No. 01/11/2016
of Supervisory Board of
Stalexport Autostrada Małopolska S.A.
with its registered office in Mysłowice
on 2 November 2016
on payment of the Interim Dividend expected at the end of the 2016 financial year to Stalexport Autostrada Małopolska S.A. shareholders
1. Pursuant to § 19 sec. 1 and § 30 sec. 3. of the Statutes of Stalexport Autostrada MaÅ‚opolska S.A. and Art. 349 § 1 of the Code of Commercial Companies and in connection with Resolution of the Management Board of Stalexport Autostrada MaÅ‚opolska S.A. of 02.11.2016 concerning payment of the Interim Dividend, the Supervisory Board hereby gives its approval for payment for the shareholders, in a period between 25.11.2016 and 23.12.2016 of the Interim Dividend expected at the end of the 2016 financial year, in total amount of PLN 85.000.000,00.
2. According to Art. 349 § 4 of the Code of Commercial Companies determination of shareholders entitled to receive the Interim Dividend shall occur on the seventh working day preceding date of payment of the Interim Dividend.
Legal basis:
Article 17 (1) of European Parliament and of the Council of UE No. 596/2014 of 16 April 2014 on market abuse (Market Abuse Directive) and repealing directive 2003/6/WE of European Parliament and Council and Commission directives 2003/124/WE, 2003/125/WE and 2004/72/WE.