Current Report No. 5/2018: Management Board proposal for dividend distribution

The Management Board of KRUK S.A. (the “Company”) announces that on March 6th 2018 the Management Board of the Company passed a resolution under which it will propose to the Annual General Meeting that a dividend of PLN 5 per share be distributed to shareholders from the Company’s net profit 2017, increased by the amount 
transferred from the reserve capital created from the profits. The proposal concerning the dividend payment and dividend amount was prepared taking into account the KRUK Group’s current financial standing, as well as its further growth strategy, plans and prospects. The Management Board may propose distribution of dividends in the future, but in each case the final decision in this respect will be made with due regard paid to the Group’s strategic plans, growth prospects, investment financing requirements, as well as its current debt level and overall financial standing.
Legal basis: Par. 38.1.11 of the Regulation of the Minister of Finance of February 19th 2009 on current and periodic information […]