The Management Board of Grupa Kapitałowa IMMOBILE SA informed that on June 2 it adopted a resolution pursuant to which it decided to submit to the Company's Supervisory Board for its recommendation for approval to the Annual General Meeting of the Company a proposal regarding the allocation of the Company's net profit for 2019 in the amount of 555 thousand . PLN and undistributed profits from previous years for the payment of dividend in the total amount of PLN 1,507,258.64, i.e. PLN 0.02 per share, with the proviso that all the Company's shareholders, excluding own shares owned by the Company, participate in the distribution of profit. , i.e. as at the date of adopting the above resolution 414.031 shares.
The dividend payment is also recommended by the Management Board of the Group's industrial sector leader - Projprzem Makrum S.A. The management board of PROJPRZEM MAKRUM S.A. announced that on May 28, he adopted a resolution on the recommendation regarding the allocation of profit for 2019, pursuant to which he decided to submit to the Company's Supervisory Board for its recommendation for approval to the Annual General Meeting of the Company, a proposal on the allocation of the Company's net profit for 2019 in the amount of 7,080 thousand PLN for dividend payment in the amount of PLN 3,589,629.60, i.e. PLN 0.60 per share, while the remaining part of the profit for the Company's supplementary capital.
The dividend is part of the company’s profit (after tax), which is paid to the holders of the shares. The payment of the dividend is possible only in the year in which the company has achieved a positive financial result, and its amount depends on the amount of earned profit. Holders of all shares are entitled to pay the same dividend per share. The payment of the dividend is decided by the general shareholders’ meeting, which takes place after the end of the financial year and approval of the company’s financial statements.