Report No. 6 - Motion of Management Board on apportionment of net profit for the year 2016
The Management Board of Stalexport Autostrady S.A. with its registered seat in MysÅ‚owice (hereinafter called “Company”) informs that on 02 March 2017 it adopted a resolution on presenting to the Company’s Supervisory Board and the Ordinary General Meeting the motion on apportionment of net profit for turnover year 2016.
In the motion the Management Board of Stalexport Autostrady S.A. proposes herewith to apportion net profit for turnover year 2016 in the amount of 180,747,149.87 zlotys (say: one hundred eighty million seven hundred forty seven thousand one hundred forty nine zloty eighty seven groszy) as follows:
a) amount of 136,239,985.73 zł (say: one hundred thirty six million two hundred thirty nine thousand nine hundred eighty five zlotys seventy three groszy) to allocate for supplementary capital,
b) amount of 44,507,164.14 zł (say: forty four million five hundred seven thousand one hundred sixty four zlotys fourteen groszy) to allocate for payment of dividend to the shareholders of the Company, which means that the dividend shall amount to 18 groszy (say: eighteen groszy) per one share.
At the same time the Management Board of Stalexport Autostrady S.A. informs that pursuant to Article 382 § 3 of the Commercial Companies Code, the above mentioned motion received a positive opinion of the Supervisory Board of the Company on the same day.
However the final decision on the apportionment of net profit for turnover year 2016, including the determination of the dividend record date and the dividend payment date, will be made by the Ordinary General Meeting of the Company
Legal basis:
§ 38 section 1 item 1 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities and on conditions under which information required by legal regulations of a third country may be recognised as equivalent. (Journal of Laws of 2009, No. 33, Item 259, later amended).