Current Report No. 10/2019 dated 14 May 2019
Resolution of the General Meeting of the WPH S.A. of the allocation of profit for dividend payment
Legal basis: article 56 sec. 1 item 2 of the Act dated 29 July 2005 on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies.
Content of Report:
In reference to the current report no. 6/2019 from 26 March 2019, the Management Board of Wirtualna Polska Holding S.A. with its registered office in Warsaw (the "Company") announces that on May 14, 2019, the Ordinary General Meeting of the Company adopted a resolution according to which it decided to allocate for payment of dividend to the Company's Shareholders in the amount of PLN 1.00 (one zloty) per one share, in the total amount not higher than PLN 29,060,850.00 (twenty-nine million sixty thousand eight hundred fifty zlotys), by designating for this purpose:
- the Company's net profit shown in the Company's standalone financial statements for the financial year 2018 in the amount of PLN 408,286.47 (in words: four hundred eight thousand two hundred and eighty-six zlotys 47/100) in full and
- PLN 28,652,563.53 (twenty-eight million, six hundred and fifty-two thousand, five hundred and sixty-three zlotys 53/100) from the previous years profits of the Company.
The amount of the dividend per share will be rounded down to full grosze, whereas the difference between the amount indicated above and the amount of dividend due to Shareholders, including such rounding, will be allocated to the Company's supplementary capital.
The total number of shares of the Company entitling to the dividend as at the date of adoption of this resolution is 28,974,430. At the dividend date however, the number of shares is predicted to be 28,995,414, which is related to the pending procedure of registration of shares under the managerial option program of the Company.
The Ordinary General Meeting of the Company has decided to set a dividend day on 7 June 2019 and the dividend payment date on 17 June 2019.
Legal basis: Article 56 sec. 1 item 2 of the Act dated 29 July 2005 on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies in conjunction with § 19 sec. 2 of the Regulation issued by the Minister of Finance on 29 March 2019 on the Current and Periodic Information Transmitted by Securities Issuers and the Conditions for Recognizing the Information Required by the Regulations of a Non-Member State as Equivalent
Signatures of the individuals representing the Company:
Jacek Świderski – President of the Management Board/Chief Executive Officer
Elżbieta Bujniewicz – Belka – Member of the Management Board/Chief Financial Officer