Acting pursuant to Par. 38.1.11 of the Minister of Finance’s Regulation on current and periodic information to be published by issuers of securities and conditions for recognition as equivalent of information whose disclosure is required under the laws of a non-member state, dated February 19th 2009 (Dz. U. of 2009, No. 33, item 259), the Management Board of Inter Cars S.A. hereby publishes the decision adopted by the Supervisory Board at the meeting held on June 26th 2012, concerning the dividend policy and proposed distribution of net profit for 2011.
Acting in accordance with its powers provided for in Par. 14.2.2 of the Company’s Articles of Association, the Supervisory Board of Inter Cars S.A. of Warsaw acknowledges and accepts the dividend policy defined in the Inter Cars S.A. Management Board’s resolution of June 14th 2012, and approves the Management Board’s proposals concerning distribution of the Company’s profit for 2011, included in the aforementioned resolution, recommending that the General Meeting of Inter Cars S.A. pass a resolution on distribution of the Company’s profit for 2011 in accordance with the Management Board’s proposal.
The proposal will be submitted for consideration to the Annual General Meeting on June 28th 2011.
- Krzysztof Soszyński - Vice-President of the Management Board
- Piotr Kraska - Member of the Management Board