Information concerning a decision of the Ordinary (Annual) Shareholders’ Meeting of CIECH S.A. regarding the payment of dividend for 2015.

Current report no.: 20/2016

Date of report: 16 June 2016

Abbreviated name of issuer: Ciech S.A.

Subject: Information concerning a decision of the Ordinary (Annual) Shareholders’ Meeting of CIECH S.A. regarding the payment of dividend for 2015.

Legal basis: Art. 56 section 1 point 2 of the Act on Offering – current and periodic reports

Text of the report: 

The Management Board of Ciech S.A. (“the Company”) announces that on 16 June 2016, the Ordinary (Annual)  Shareholders’ Meeting of adopted a resolution regarding the distribution of the net profit of the Company for 2015 to the value of PLN 331,578,548.92 (three hundred thirty-one million five hundred seventy-eight thousand five hundred forty-eight and 92/100) in the following manner:

1. the amount of PLN 150,194,740.65 (say: one hundred fifty million one hundred ninety-four thousand seven hundred forty and 65/100) to be allocated for the payment of a dividend to the shareholders of the Company, i.e. a dividend per one share shall amount to PLN 2.85 (say: two and 85/100),
2. the amount of PLN 181,383,808.27 (say: one hundred eighty-one million three hundred eighty-three thousand eight hundred eight and 27/100) to be allocated to the supplementary capital of the Company.

The number of shares covered by the dividend amounts to 52,699,909. 

The the same time, the Ordinary (Annual) Shareholders’ Meeting of the Company decided that the dividend date shall be 30 June 2016 and the dividend payment date shall be 16 August 2016.

Legal basis: § 38 section 1 point 11) and § 38 section 2 of the of the Regulation of the Minister of Finance of 19 February 2009 regarding current and periodic information delivered by issuers of securities and on conditions of recognition of information required under non-member state law regulations as equivalent.

 

Signatures of the Company's representatives:
Maciej Tybura – President of the Management Board
Artur Osuchowski – Member of the Management Board

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