ReportPCF Group
Current Report No. 24/2021: Management Board Recommendation Regarding Profit Distribution for 2020
1 pages~2 min full read
PCF Group S.A. reported a 2020 net profit of PLN 29,095,746.74.
The board recommended a dividend payout of PLN 5,616,877.28, representing a payout ratio of approximately 19.3% of the 2020 net profit.
Shareholders will receive a dividend of PLN 0.19 per share, with the payment scheduled for 8 July 2021.
The record date for determining shareholder eligibility for the dividend is set for 30 June 2021.
The company will retain PLN 23,478,869.46 of the 2020 net profit as a reserve for capital.
The dividend proposal is subject to review by the supervisory board and approval at the ordinary general meeting.
The report presents the PCF Group S.A. board’s recommendation for distributing 2020 net profit, amounting to PLN 29,095,746.74. The board proposes allocating PLN 5,616,877.28—equivalent to a dividend of PLN 0.19 per share—to shareholders and retaining PLN 23,478,869.46 as a reserve for the company’s capital. Dividend payment is scheduled for 8 July 2021, with the record date set for 30 June 2021. The recommendation aligns with the company’s established dividend policy, targeting a payout ratio of approximately 19.3 % of net profit.
The recommendation follows legal requirements under EU Regulation 596/2014 and related directives, ensuring compliance with market abuse provisions. The board’s proposal will be reviewed by the supervisory board and presented to the ordinary general meeting, in accordance with the company’s articles of association and Polish commercial law provisions.
This communication is limited to PCF Group S.A., a Warsaw‑based entity, and concerns the fiscal year 2020 only. No additional data sources or survey methodologies are disclosed, as the recommendation is based on the company’s audited financial statements for that year.
