The Management Board of X-Trade Brokers Dom Maklerski S.A. (“the Issuer” the Company”, “XTB”) announces that on 15 March 2019 it adopted a resolution pursuant to which it proposes to the Supervisory Board and the Ordinary General Shareholders’ Meeting of the Company the distribution of the Company’s net profit for the year 2018 in the amount of PLN 90 898 045,65 as follows:
a) by the payment of the dividend in the amount of PLN 61 039 490,20, i.e. PLN 0,52 per share, including PLN 41 084 272,25 for this dividend, i.e. PLN 0,35 per share, paid to shareholders in December 2018 as an advance payment of dividend for the financial year 2018, which means that in 2019 year the amount of PLN 19 955 217,95, i.e. 0,17 per share, will be paid to the shareholders,
b) to retain the remaining part of the Company’s profit in amount of PLN 29 858 555,45 for the Company’s disposal, allocating it for reserve capital.
The Management Board of XTB proposes to set the dividend date for 25 April 2019, and the dividend payment date for 10 May 2019.
The amount of the recommended dividend is in compliance with the Issuer’s dividend policy, which assumes the dividend payment of between 50% and 100% of the separate net profit of the Company for a given financial year, taking into consideration the factors such as the Company’s financial results and financial means, as well as the need to ensure the relevant adequacy ratio of the Company and the equity necessary to ensure the Group’s development.
Legal basis: Article 17 section 1 MAR – inside information.
Download