The Management Board of Inter Cars S.A. (the “Company”) announces that today it was notified of the resolution passed by the Company’s Supervisory Board whereby the Supervisory Board acknowledged and approved the Management Board’s proposal of April 23rd 2019 concerning allocation of the Company’s profit for 2018. The Supervisory Board recommended that the General Meeting pass a resolution concerning allocation of profit for 2018, whereby out of the total net profit earned in 2018, of PLN 228,628,836.14, the amount of PLN 10,059,351.00 will be paid as a dividend of PLN 0.71 per share, and the balance of PLN 218,569,485.14 will be allocated to the Company’s statutory reserve funds. The Supervisory Board also proposed to the General Meeting that the dividend record date be set for June 28th 2019, and the dividend payment date − for July 12th 2019.
The Management Board’s proposal referred to above was published in Current Report No. 7/2019 of April 23rd 2019.
Art. 17.1 of MAR − Inside information
- Krzysztof Soszyński - Vice President of the Management Board
- Piotr Zamora - Member of the Management Board