With reference to Current Report No. 3/2020 dated 16 March 2020, on the Management’s Board recommendation of distribution of the 2019 profit, the Management Board of X-Trade Brokers Dom Maklerski S.A. (“the Issuer”, “the Company”) hereby announces that at the meeting held on 19 March 2020, the Supervisory Board of the Company approved the recommendation of the Management Board of the Company regarding the proposed distribution of the Company’s net profit for the year 2019 in the amount of PLN 54 145 324,41 as follows:
a) by the payment of the dividend in the amount of PLN 28 172 072,40; i.e. PLN 0,24 per share,
b) to retain the remaining part of the Company’s net profit in amount of PLN 25 973 252,01 for the Company’s disposal, allocating it for reserve capital.
Moreover, the Supervisory Board approved the proposal of the Management Board of the Company to set the dividend date for 30 April 2020, and the dividend payment date for 15 May 2020. The Issuer reminds that the final decision regarding the distribution of the Company’s net profit for the year 2019 will be taken by the Ordinary General Meeting of the Company.
Legal basis: Article 17 section 1 MAR – inside information.
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