Current Report 13/2022
Decision and Resolution of the Management Board of INPRO S.A. on dividend payment
Only the Polish version of this document is legally binding.
This translation is provided for information only.
Every effort has been made to ensure the accuracy of this publication.
The Management Board of INPRO S.A. (the “Company”) informs that is has made a decision to propose to the Ordinary General Assembly of the Company the payment of the dividend of PLN 0.25 (in words: twenty five groszes) per share for 2021.
The Management Board also informs that today it adopted resolution No. 5/2022 on the motion of the Management Board regarding the division of the Company's net profit for 2021.
In conformity with the above-mentioned resolution, the Management Board of INPRO S.A. moves that a part of the Company's net profit for 2021 in the amount of PLN 10,010,000.00 (in words: ten million and ten thousand zlotys) i.e. PLN 0.25 (in words: twenty five groszes) per share be allocated towards the dividend to the Company's shareholders and the remaining part of the Company's net profit for 2021 in the amount of PLN 19,041,598.30 (in words: nineteen million forty one thousand five hundred and ninety eight and 30/100 zlotys) be allocated towards the increase of the Company's supplementary capital.
The Company's Management Board suggests that 29 July 2022 should be fixed as the record date and 12 August 2022 as the dividend payment date.
The above-mentioned proposals regarding the dividend payment will be recommended to the Company's Ordinary General Assembly, which will make, in conformity with its powers, a final decision on that issue. The opinion on the recommendation put forward by the Management Board will also be issued by the Company's Supervisory Board in a relevant resolution.
Detailed legal grounds: Article 17(1) of Regulation of the European Parliament and of the Council (EU) No 596/2014 of 16 April 2014 on market abuse (the market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (also referred to as the MAR).
