06/05/2021

Current Report No. 14/2021: Positive assessment of Management Board’s proposal to change profit distribution and dividend payment recommendation

Further to Current Report No. 13/2021 of May 5th 2021 concerning change of the Management Board's recommendation on dividend payment, the Management Board of KRUK S.A. (the “Company”) announces that on May 6th 2021 the Supervisory Board passed a resolution on the assessment of the Management Board’s proposal to change the recommendation to be submitted to the General Meeting on allocation of the Company’s net profit for 2020 for dividend payment. The Supervisory Board has endorsed the proposal, whereby the Management Board recommends that the Company's net profit for 2020, increased by a portion of statutory reserve funds created from profit, be allocated for payment of dividend of PLN 11 per share.
 

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