LegalPlayWay
Raport Bieżący Nr 20/2020: Wypłata Dywidendy
15 Jun 20201 pages~1 min full read
PlayWay S.A. authorized a total dividend payout of 62,436,000.00 PLN for the 2019 fiscal year.
Shareholders will receive a gross payment of 9.46 PLN per share for all 6,600,000 ordinary bearer shares.
The dividend distribution is scheduled for payment on June 30, 2020, with a record date of June 22, 2020.
The payout is funded primarily by 60,842,953.74 PLN in 2019 net profit, supplemented by 1,586,990.49 PLN from retained earnings and 6,055.77 PLN from supplementary capital.
The distribution was formally approved by the Ordinary General Meeting held on June 15, 2020.
PlayWay S.A. has officially authorized a dividend payout to its shareholders following a resolution passed by the Ordinary General Meeting on June 15, 2020. The total dividend allocation amounts to 62,436,000.00 PLN, which translates to a gross payment of 9.46 PLN per share. This distribution covers all 6,600,000 ordinary bearer shares issued by the company, reflecting a comprehensive return of capital based on the financial performance of the preceding fiscal year and accumulated reserves.
The funding for this dividend is derived primarily from the total net profit generated in 2019, which contributed 60,842,953.74 PLN to the pool. To reach the final distribution amount, the company also utilized 1,586,990.49 PLN from retained earnings of previous years and an additional 6,055.77 PLN from the company's supplementary capital. This strategic use of capital reserves ensures a higher per-share payout than the 2019 annual profit alone would have allowed.
The timeline for the distribution is strictly defined, with the dividend record date set for June 22, 2020, and the actual payment date scheduled for June 30, 2020. This announcement complies with Polish legal requirements regarding current and periodic information provided by issuers of securities. The decision underscores the company's commitment to shareholder value within the Polish gaming sector, specifically targeting investors holding positions at the end of the second quarter of 2020.
