On June 17, 2014, the General Meeting of NEWAG S.A shareholders adopted Resolution No 5 on profit distribution and dividend payment for 2013. Under the resolution, an amount of PLN20 250000 was allocated to be distributed as dividends, which constitutes PLN 0.45 /forty-five grosz/ per share. All the Company’s shares (45 000 000) will be subject to the dividend payment.
The Company’s shareholders who hold NEWAG’s shares on 17th September, 2014 will be entitled to receive the dividend. The date for the dividend distribution was set for 2nd October, 2014.
The General Meeting unanimously decided to leave the remaining part of the profit amounting to PLN 13 361 149.94 as supplementary capital. Thus, NEWAG’s Board fulfilled the declarations made in the Company’s IPO prospectus.