Current Report No. 18/2018
Belongs to:
- Reports
Date of preparation: 25 May 2018
Subject: Opinion of the ENERGA SA Supervisory Board on distribution of the Company’s net profit for the financial year 2017
Legal basis: Article 17 Section 1 of the Market Abuse Regulation – confidential information
The Management Board of ENERGA SA (“Company”) hereby reports that on 25 May 2018, the Company’s Supervisory Board issued a positive opinion on the Company Management Board’s recommendation on distribution of the Company’s net profit earned in 2017. According to information in Current Report 16/2018 the Management Board decided not to recommend to the General Meeting of ENERGA SA payment of dividend for the financial year ended 31 December 2017. The entire net profit for 2017 amounting to PLN 106,601,622.10 will be transferred to the supplementary capital.
The Management Board’s recommendation along with the opinion of the Supervisory Board will be submitted to the General Meeting, which will make the final decision on the distribution of the Company’s 2017 net profit.