The Management Board of Grupa Kęty S.A. hereby informs that the Supervisory Board, at its meeting on 28 March 2018, approved of the Management Board’s motion concerning the payment of the dividend for the financial year 2017 amounting to 190,434,000.00 PLN (one hundred and ninety million four hundred and thirty four thousand zloty). As at the date of adopting the resolution, the number of shares subject to dividend is 9,521,700 (nine million five hundred and twenty one thousand seven hundred), which means the payment of the divided of 20 PLN per share. The number of shares may increase by 23,747 series G shares, which may be subscribed for under the incentive programme for the management personnel. In the case of admitting the shares to stock exchange trading, until the date of determining the right to dividend, the number of all shares subject to dividend will amount to 9,545,447 (nine million five hundred and forty five thousand four hundred and forty seven), which will mean the payment of the dividend of 19.95 PLN per share.
The amount of the dividend complies with the Company’s policy which assumes the dividend payment ratio from 60% to 100% of consolidated net profit.
The proposed dividend day (the date when the right to divided is determined) is 26 June 2018, and the proposed dividend payment dates are as follows:
