ReportPCF Group
Current Report No. 11/2022: Management Board Recommendation Regarding Profit Distribution for 2021
2 pages~2 min full read
PCF Group S.A. reported a 2021 net profit of PLN 41,751,983.35.
See it on page 1The Board recommended a dividend payout of PLN 8,086,561.02, representing approximately 19.37% of the 2021 net profit.
See it on page 2Shareholders will receive a dividend of PLN 0.27 per share, with a declaration date of 8 July 2022 and a payment date of 3 August 2022.
See it on page 1The company will retain PLN 33,665,422.33 of the 2021 net profit as reserve capital.
See it on page 1The dividend proposal has received supervisory board approval and is pending final authorization by the ordinary general meeting.
See it on page 1The distribution plan adheres to PCF Group’s established dividend policy, which balances shareholder returns with the maintenance of corporate reserves.
See it on page 1The recommendation issued by the Board of PCF Group S.A. on 1 June 2022 proposes a distribution of the company’s net profit for 2021, amounting to PLN 41 751 983.35. The Board recommends allocating PLN 8 086 561.02 (approximately 19.37 % of net profit) to shareholders as a dividend, translating into PLN 0.27 per share. The remaining PLN 33 665 422.33 will be retained as a reserve in the company’s capital. Dividend declaration is set for 8 July 2022 with payment scheduled for 3 August 2022. The proposal received approval from the supervisory board in accordance with the company’s charter and will be presented to the ordinary general meeting for final approval under Polish commercial law. The recommendation aligns with PCF Group’s established dividend policy, emphasizing a consistent payout ratio relative to net earnings. The proposal reflects the company’s financial performance for 2021, indicating a solid profit base and a commitment to returning value to shareholders while strengthening reserves.
