Further to information on adoption of dividend policy for the years 2011-2013 and proposal regarding distribution of profit for 2011, described in detail in Current Report No. 18/2012, the Management Board of Inter Cars S.A. hereby supplements draft resolutions for the Annual General Meeting with a resolution on distribution of profit. Below is the full text of the draft resolution:
Resolution No. ...
Taking into account the assessment of Management Board's proposal by the Supervisory Board, the Annual General Meeting of Inter Cars S.A of Warsaw hereby resolves that PLN 4,250,430 (i.e. PLN 0.30 per share) from the PLN 104,339,000 net profit earned in 2011 shall be paid to the shareholders as dividend, and the balance of PLN 100,088,570 shall be allocated to the statutory reserve funds. The Annual General Meeting hereby sets the divided record date as July 17th 2012, and the dividend payment date as August 1st 2012.
(Grounds: Art. 393 of the Commercial Companies Code)
Par. 38.1.3 of the Minister of Finance's Regulation on current and periodic information of February 19th 2009
- Krzysztof Soszyński - Vice-President of the Management Board
- Piotr Kraska - Member of the Management Board