Current Report No. 30/2019
2019.06.27 17:05
Warsaw, June 27th 2019
Dividend for the financial year 2018
Current Report No. 30/2019
The Management Board of Polskie Górnictwo Naftowe i Gazownictwo SA ("PGNiG", the “Company”) reports that the Annual General Meeting ("AGM") held on June 27th 2019 resolved the decision concerning distribution of PGNiG’s net profit for the 2018 financial year. Pursuant to Resolution No. 19/VI/2019, the AGM decided to allocate PLN 3 289 305 045,15 of the Company’s net profit for 2018 as follows:
a) PLN 1 040 096 674.26 shall be distributed to the Company’s shareholders as dividend;
b) PLN 1 000 000 000.00 shall be allocated to capital reserves to finance the extension and upgrade of the national gas distribution network; and
c) PLN 1 249 208 370.89 shall be transferred to the Company’s statutory reserve funds.
The number of shares carrying the right to dividend is 5,778,314,857, and thus the amount of dividend per share is PLN 0.18 (eighteen grosz).
The dividend record date and the dividend payment date were set by the AGM for July 26th 2019 and August 7th 2019, respectively.
The dividend to be paid on August 7th 2019 will be reduced by the amount of an interim dividend, which was paid on December 3rd, 2018 according to the information published by PGNiG in Current Report 57/2018.
