The Management Board of TOYA S.A. in Wroclaw („the Company”) hereby informs that to it has adopted on 13 May 2014 a resolution regarding recommendation to the Ordinary General Meeting of the Company concerning the allocation of the net profit for 2013 in the amount of PLN 23 169 018,96 and payment of dividend according to the Dividend Policy referred to in the current report no 15/2013 dated 19.04.2013.
The content of the recommendation has been attached to this report.
We also inform that 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 13 May 2014 has positively assessed the Management Board proposal.
The final decision regarding distribution of the profit of the Company for financial year 2013 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 of power of attorney