Today, the Company’s Management Board adopted a resolution under which it will make a proposal to the Annual General Meeting to distribute the Company’s 2016 net earnings of PLN 16,480,063.61. The Management Board will recommend allocating PLN 12,164,367.80 of the earnings as a dividend to shareholders (at PLN 0.26 per share) and transferring the remaining PLN 4,315,695.81 to supplementary capital.
The above recommendation is consistent with PHN Group’s strategy for 2017–2023, according to...