Resolution of the General Meeting of the WPH S.A. on the coverage of the Company's net loss for year 2020 and allocation of the Company’s previous profits
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. 9/2021 from 18 May 2021, the Management Board of Wirtualna Polska Holding S.A. with its registered office in Warsaw (the "Company") announces that on June 15, 2021, the Ordinary General Meeting of the Company adopted a resolution regarding:
• coverage of the net loss of the Company disclosed in the separate financial statements of the Company for the financial year 2020 in the amount of PLN 40,967,864.43 (in words: forty million nine hundred sixty seven thousand eight hundred sixty four 43/100) will be covered from the Company's profits from previous years
• allocating the amount of PLN 45,299,458.35 (in words: forty five million two hundred ninety nine thousand four hundred fifty eight 35/100) from the Company's profits from previous years for the payment of dividends to the Company's Shareholders in the amount of PLN 1.55 (one PLN 55/100) per one share, in the total amount of PLN 45,299,458.35 (forty five million two hundred ninety nine thousand four hundred fifty eight 35/100), the amount of dividend for each share will be rounded down to full grosze, while the difference between the amount indicated above, and the amount of dividend due to the shareholders, taking into account such rounding, will be added 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 29,188,959. At the dividend date however, the number of shares is predicted to be 29,225,457, 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 22 June 2021 and the dividend payment date on 29 June 2021.
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