LegalPlayWay
Raport bieżący nr 35/2019: Wypłata dywidendy
25 Jun 20191 pages~1 min full read
PlayWay S.A. distributed a total dividend of 16,434,000 PLN to shareholders for the 2018 fiscal year.
The dividend payout resulted in a gross payment of 2.49 PLN per share across 6,600,000 shares.
The payout was funded by 16,371,206.61 PLN in 2018 net profit, supplemented by 62,793.39 PLN from reserve capital.
Shareholders of record as of July 19, 2019, were eligible to receive the dividend payment.
The company completed the disbursement of the dividend funds to shareholders on July 29, 2019.
The dividend distribution was formally authorized by a resolution passed during the Ordinary General Meeting on June 25, 2019.
The Management Board of PlayWay S.A., a prominent Polish game developer and publisher, finalized the distribution of dividends following a resolution passed during the Ordinary General Meeting on June 25, 2019. This financial action confirms the allocation of profits generated during the 2018 fiscal year to the company's shareholders. The total dividend amount is set at 16,434,000 PLN, which translates to a gross payment of 2.49 PLN per share. This distribution covers 6,600,000 shares of the company.
The funding for this payout originates primarily from the total net profit earned in 2018, amounting to 16,371,206.61 PLN. To reach the final aggregate dividend figure, an additional 62,793.39 PLN was transferred from the company's reserve capital, which consisted of retained earnings from previous years. This strategic use of reserve capital ensures a rounded per-share payout while fully distributing the annual profit to investors.
The timeline for this corporate action established July 19, 2019, as the dividend record date, determining which shareholders were eligible to receive the payment. The actual disbursement of funds was scheduled for July 29, 2019. This announcement complies with standard regulatory requirements for publicly traded companies on the Warsaw Stock Exchange, reflecting the company's financial health and commitment to shareholder returns following its performance in the 2018 calendar year.
