Current Report No.: 44/2022
Date of preparation: 29.11.2022
Abbreviated name of the Issuer: CIECH S.A.
Legal basis: Art. 17.1 of the MAR – inside information
Subject: Consent of the Supervisory Board of CIECH S.A. for the payment of an interim dividend for 2022
Text of the report:
The Management Board of CIECH S.A. (the “Issuer” or “Company”), with reference to Currents Reports: No. 32/2022 and 40/2022, herewith informs that the Supervisory Board of the Company approved the payment of an interim dividend for 2022, in accordance with article 349 of the Code of Commercial Companies, in the total amount of PLN 79,049,863.50 [in words: seventy-nine million, forty-nine thousand, eight hundred and sixty-three and 50/100 zlotys], which means that PLN 1.50 [in words: one and 50/100 zlotys] will be paid for each share (hereinafter referred to as the “Interim Dividend”).
The Management Board of the Issuer would like to advise that the condensed separate financial statements of CIECH S.A. for the period from 1 January 2022 to 30 September 2022, prepared as at 30 September 2022, was audited by an independent auditor elected by the Supervisory Board of the Company, who issued an unqualified opinion in his audit report.
The aforementioned financial statements showed a profit, the Company has sufficient current funds to make the payment, and the amount of the Interim Dividend will not exceed half of the profit earned since the end of the financial year 2021.
Legal basis: Article 17.1 of the Regulation of the European Parliament and of the Council (EU) No. 596/2014 of 16 April 2014 on Market Abuse (the Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (Official Journal of the European Union L No. 173, p. 1)
Signatures of persons representing the Company:
Dawid Jakubowicz – President of the Management Board
Jarosław Romanowski – Member of the Management Board
