The Management Board of X-Trade Brokers Dom Maklerski S.A. (“the Issuer” the Company”, “XTB”) announces that on 20 March 2017 it adopted a resolution pursuant to which it will propose to the ordinary General Shareholders’ Meeting of X-Trade Brokers Dom Maklerski S.A. the payment of dividend for the year 2016 in the amount of PLN 37 562 763,20, i.e. PLN 0,32 per share and to retain the rest of the Company’s profit.
The Management Board of XTB proposes to set the dividend date for 5 May 2017, and the dividend payment date for 23 May 2017.
The final decision regarding the dividend will be made by the ordinary General Shareholders’ Meeting of the Company.
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.
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