Current reports

Recommendation of the Management Board of OEX S.A. concerning the distribution of profit for 2017

Current report number: 20/2018

Data: 18 May 2018

The Management Board of OEX S.A. with registered office in Warsaw (hereinafter referred to as the ‘Company’ or the ‘Issuer’) hereby informs whom it may concern that today, i.e. on 18 May 2018, it adopted a resolution pursuant to which it intends to submit to the Ordinary General Meeting of Shareholders of the Company a proposal concerning the allocation of the net profit generated by the Issuer in 2017 in the amount of kPLN 7,557 (say: seven million five hundred and fifty-seven thousand Polish zlotys) in whole to the supplementary capital of the Company.

The said resolution of the Management Board of the Company, assuming that no dividend shall be paid and the entire 2017 profit shall be allocated to the supplementary capital – shall be assessed by the Supervisory Board of the Company pursuant to Art. 382 §3 of the Code of Commercial Companies. The final decision concerning the distribution of the 2017 net profit of the Company shall be taken by the Ordinary General Meeting of Shareholders of the Company.

 

Legal basis:

Art. 17 (1) of the Regulation of the European Parliament and of the Council (EU) No 596/2014 of 16 April 2014 on market abuse (Market Abuse Regulation)

Signed:

Robert Krasowski – Member of the Management Board

Rafał Stempniewicz – Member of the Management Board