Current report no. 6/2016

The Management Board of Przedsiębiorstwo Przemysłu Spożywczego "PEPEES" S.A. ("the Company") informs that it decided to recommend the Ordinary General Meeting to allocate the entire net profit for 2015 to the reserve capital.
According to the Company’s Management Board, allocating the entire net profit for the financial year 2015 to the Company’s reserve capital will contribute to implementation of the Company’s investment and acquisition strategy and its further effective value creation for the Shareholders.
Pursuant to Article 382 § 3 of the Code of Commercial Companies, the Supervisory Board has issued a positive opinion on the Management Board’s recommendation. 
Final decision on allocation of profits for the financial year 2015 will be made by the Company’s Ordinary General Meeting.
Legal basis Article 38 clause 1 point 11 of Regulation of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities and on conditions under which information required by legal regulations of a third country may be recognised as equivalent (Journal of Laws of 2014, item 133 as amended). 


SIGNATURES OF THE REPRESENTATIVES OF THE COMPANY 
Date First name and Last name Title/Function Signature 
2016-04-22 Wojciech Faszczewski President of the Management Board 
2016-04-22 Krzysztof Homenda Member of the Management Board/CFO