The Management Board of TOYA S.A. in Wroclaw („the Company”) hereby informs that to meet expectation of shareholders and taking into account planned high level of cash flows it has adopted on 21 May 2013 a resolution regarding recommendation to the Ordinary General Meeting of the Company concerning the allocation of the net profit for 2012 in the amount of PLN 16 965 007, 34 zł (sixteen million nine hundred sixty five thousands seven polish zloty and thirty four cents) in the following manner:
- allocate PLN 10 556 332,50 (ten million five hundred fifty six thousands three hundred thirty two and fifty cents) for dividend payment to Company’s shareholders which constitutes PLN 0,14 (fourteen cents) for one share,
- allocate PLN 6 408 674,84 (six million four hundred eight thousands six hundred seventy four and eighty four cents) to supplementary capital.
The Management Board will recommend to set the dividend day for 11 July 2013 and payout date for 25 July 2013.
The abovementioned resolution has been submitted to evaluation by the Supervisory Board and on the basis of Article 382 §3 of the Commercial Company Code the Supervisory Board in the resolution dated 21 May 2013 has positively assessed the Management Board proposal.
The final decision regarding distribution of the profit of the Company for financial year 2012 will be taken by the Ordinary General Meeting of Toya S.A.
Legal basis:
The report has been prepared on the basis of § 38 sec. 1 point 11 of the Decree of the Minister of Finance regarding current and periodic information published by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-member state
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Dorota Chrzanowska
Based on power of attorney from President of the Management Board