Current Report No. 20/2016
Belongs to:
- Reports
Opinion of the ENERGA SA Supervisory Board on distribution of the Company’s net profit for the financial year 2015
Report no.: RB no. 20/2016
Legal Basis: Article 56 Section 1 Item 2 of the Act on Offerings – current and periodic information
The Management Board of ENERGA SA (“Company”) hereby reports that on 24 May 2016, the the Company’s Supervisory Board issued a positive opinion on the Company Management Board’s motion on distribution of the Company’s net profit earned in the financial year ended 31 December 2015. According to information provided by the Company in Current Report 18/2016 the Management Board recommended the following distribution of the 2015 net profit of PLN 841,165,914.38:
1) payment of a dividend to shareholders in the amount of PLN 202,892,885.86, i.e. PLN 0.49 per share (24.1% of profit),
2) designation of profit in the amount of PLN 570,979,755.36 to reserve capital (67.9% of profit),
3) designation of profit in the amount of PLN 67,293,273.16 to supplementary capital (8.0% of profit).
The Management Board’s recommendation along with the opinion of the Supervisory Board will be submitted to the Company’s General Meeting, which will make the final decision on the distribution of the Company’s 2015 net profit.