The last General Meeting of Shareholders of Grupa Kapitałowa IMMOBILE S.A., during the meeting of 25/06/2019, adopted the resolution on payment of the dividend. This will be the fourth year in a row when the company shares its profits with shareholders. Its payment will take place on October 8, 2019.

In accordance with the resolution adopted by the Ordinary General Meeting of the Company on 25/06/2019 on the payment of dividend, the date of acquisition of the right to dividend and dividend payment, it was decided to pay a dividend from the Company's supplementary capital resulting from undistributed profits of previous years in the total amount of PLN 6 022 934.56, ie PLN 0.08 per share. The resolution regarding the dividend joined the draft resolutions of the GM at the request of the shareholder and president of the company, Rafał Jerzy.

The dividend covers shares in the Company in the number of 75 362 932 units.

The day of acquiring the right to dividend is 24/09/2019.

The date of dividend payment by the Company is set for 8/10/2019.

"Our shareholders are very important to us, thanks to their commitment we can implement the strategy and business goals. That is why we want them to participate in our successes and once again share with them the dividend. "- says Rafał Jerzy, president of the IMMOBILE Group.

The dividend will also be paid by the leader of the industrial sector of the Group - Projprzem Makrum S.A. Shareholders of this company decided to allocate PLN 3.59 million for the dividend from the profit from 2018, which means a payment of PLN 0.6 per share. The date of acquiring the right to dividend is set on 12/09/2019, and the payout date for 26/09/2019. The dividend covers 5 982 716 shares of the Company.

Projprzem Makrum in its history has already some dividend payments. The last year in which the company shared profit with the shareholders was 2018. At that time, the dividend was PLN 1.10 per share, after raising its value by the General Meeting, at the request of one of the Shareholders.

Each investor holding shares of the company has the right to participate in the profit shown in its financial statements. This is the basic right, granted on the basis of Article 347 of the Code of Commercial Companies. The condition for the implementation of this right is for the company to achieve a profit in a given financial year and for the General Meeting to adopt a resolution to appropriately allocate part or all of this profit - just for the payment of dividends. The General Meeting of Shareholders also decides about the amount of the dividend, which is determined as a certain value per share.

The condition for exercising the right to dividend is to have shares in a company, in the so-called on the dividend record date. This day is also defined by the General Meeting of Shareholders. When buying shares on the stock exchange, investors must additionally remember about transaction settlement dates valid on the Polish market. The settlement cycle in the National Depository of Securities for transactions on shares lasts two business days (T + 2). This means that, formally, the investor becomes the owner of the shares on the second settlement day after the transaction. In order to receive the right to a dividend from dematerialized shares, in practice it is necessary to buy shares no later than two business days before the dividend date designated by the company. After determining the right to dividend, at the next session the share price on the stock exchange is marked with the symbol "bd" - without dividend and the reference price (from the previous session) is adjusted by the amount of the dividend.

A shareholder is not obliged to report to the company or KDPW a dividend payment order - it is automatically made on his brokerage account on the day of payment.