With reference to Current Report No. 3/2019 dated 15 March 2019, on the Management’s Board recommendation of distribution of the 2018 profit, the Management Board of X-Trade Brokers Dom Maklerski S.A. (“the Issuer”, “the Company”) hereby announces that at the meeting held on 18 March 2019, 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 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. Moreover, the Supervisory Board approved the proposal of the Management Board of XTB to set the dividend date for 25 April 2019, and the dividend payment date for 10 May 2019. The Issuer reminds that the final decision regarding the distribution of the Company’s net profit for the year 2018 will be taken by the Ordinary General Meeting of the Company.
Legal basis: Article 17 section 1 MAR – inside information.
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