Information on the distribution of profit for 2018
Legal basis: Article 17(1) of the Market Abuse Regulation – inside information.
The Board of Directors of Przedsiębiorstwo Przemysłu Spożywczego PEPEES Spółka Akcyjna (the ‘Company’) hereby inform that they have decided to recommend to the Annual General Meeting of Shareholders that the Company should allocate the net profit generated in 2018 amounting to PLN 17,420,179.57 to:
1. the payment of dividend amounting to PLN 0.06 per share in the total amount of PLN 5,700,000;
2. to allocate the remaining amount of PLN 11,742,179.57 to the Company's reserve capital.
At the same time, the Company informs that this recommendation has been approved by the Company’s Supervisory Board. The final decision concerning the distribution of the profit for the financial year 2018 will be taken by the Annual General Meeting of Shareholders.
SIGNATURES OF THE COMPANY’S REPRESENTATIVES
Date Name and surname Position/Function Signature
2019-05-30 Wojciech Faszczewski President of the Board of Directors
2019-05-30 Tomasz Rogala Member of the Board of Directors