Ciech

Szukaj
WCAG A A A

Current Report No.: 22/2021

Information on the decision of the Annual General Meeting of CIECH S.A. on the allocation of the Company's profit for 2020 and the payment of dividends

Current Report No.: 22/2021

Date of preparation: 22.06.2021

Abbreviated name of the Issuer: CIECH S.A.

Subject: Information on the decision of the Annual General Meeting of CIECH S.A. on the allocation of the Company's profit for 2020 and the payment of dividends

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

Report: 

The Management Board of Ciech S.A. (the “Company”) herewith informs that on 22 June 2021 the Annual General Meeting (the “AGM”) resolved as follows:

  1. to allocate the net profit of CIECH S.A. for 2020 in the amount of PLN 155,287,361.59 (in words: one hundred and fifty-five million two hundred and eighty-seven thousand three hundred and sixty-one, and 59/100 zlotys), in its entirety, to the payment of dividends;
  2. to transfer PLN 2,812,365.41 (in words: two million eight hundred and twelve thousand three hundred and sixty-five, and 41/100 zlotys) from the supplementary capitals created from profit, which may be allocated to dividend payment, in order to allocate this amount to dividend payment;
  3. to pay a dividend in the amount of PLN 158,099,727.00 (in words: one hundred and fifty-eight million ninety-nine thousand seven hundred and twenty-seven, and 00/100 zlotys), i.e. PLN 3.00 (in words: three zlotys) per share from the net profit of the Company for 2020, increased by the amount transferred from the supplementary capital created from profit.

At the same time, the Annual General Meeting of the Company set the dividend record date for 30 June 2021 and the dividend payment date for 8 July 2021.

Legal basis: § 19 section 2 of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information provided by issuers of securities and conditions for recognising as equivalent information required by the laws of a non-member state.

 

Signatures of individuals representing the company:

  1. Dawid Jakubowicz – President of the Management Board
  2. Jarosław Romanowski – Member of the Management Board

Do góry