Current Report No. 9/2018 dated 25 April 2018
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. 4/2018 from 29 March 2018 and current report 6/2018 from 4 April 2018, the Management Board of Wirtualna Polska Holding S.A. with its registered office in Warsaw (the "Company") announces that on April 25, 2018, the Ordinary General Meeting of the Company adopted a resolution according to which it decided to allocate:
- the whole of the net profit of the Company for the financial year 2017 in the amount of 7,575,694.46 PLN (in words: seven million five hundred and seventy five thousand six hundred and ninety four zlotys and forty six groszy) and
- the amount of 20,204,037.70 PLN (twenty million two hundred four thousand thirty seven zlotys and seventy groszy) from the retained earnings of the Company.
as payment of a dividend in the amount of PLN 0.96 PLN (ninety six groszy) per share and in the total amount of 27,779,732.16 PLN (twenty-seven million seven hundred seventy-nine thousand seven hundred and thirty-two zlotys and sixteen groszy), whereas the final amount of the dividend per share is to be rounded down to full grosze and the difference between the aforementioned amount and the dividend payable to shareholders, including such rounding, will contribute to the Company's reserve capital.
The total number of shares of the Company entitling to the dividend as at the date of adoption of this resolution is 28 855 224. At the dividend date however, the number of shares is predicted to be 28 937 221, 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 10 July 2018 and the dividend payment date on 20 July 2018.
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 § 38 sec. 1 item 11 and sec. 7 of the Regulation issued by the Minister of Finance on 19 February 2009 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