6/2017 - Management Board's motion on the dividend payment recommendation

The Management Board of Trakcja PRKiI S.A. ("the Company") announces that today it has approved a resolution on distribution of profits for 2016, recommending the Annual General Meeting of Shareholders of the Company to allocate the profit of PLN 28,698,634.86 as follows:

- the amount of PLN 22,615,801.12 (i.e. PLN 0.44 per one share) for the payment of dividend,

- the amount of PLN 6,082,833.74 for supplementary capital.

The Management Board submitted this recommendation to the Supervisory Board of the company for assessment. The final decision in the matter of distribution of profits and dividend payment will be taken by the Annual Meeting of Shareholders.

Legal basis for the report:

Section 38 paragraph 1 subparagraph 11 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and conditions for recognizing information required by laws of non-member states as equivalent.