LegalPCF Group
Uchwała Numer 5/2022 Zarządu PCF Group S.A. w Sprawie Podziału Zysku Spółki za Rok Obrotowy 2021
1 Jun 20221 pages~2 min full read
PCF Group S.A. reported a total net profit of 41,751,983.35 PLN for the 2021 fiscal year.
The company will distribute 8,086,561.02 PLN as a dividend to shareholders, amounting to 0.27 PLN per share.
Approximately 80% of the 2021 net profit, totaling 33,665,422.33 PLN, will be transferred to the company’s supplementary capital to support future operations.
The dividend record date is set for July 8, 2022, with the payout scheduled for August 3, 2022.
The proposed profit distribution remains subject to final approval by the Ordinary General Meeting of Shareholders and review by the Supervisory Board.
The Management Board of PCF Group S.A., operating under the People Can Fly brand, formalizes a proposal for the distribution of net profit generated during the 2021 fiscal year. Based on the standalone financial statements for the period ending December 31, 2021, the company achieved a total net profit of 41,751,983.35 PLN. This resolution outlines a strategic allocation of these funds, balancing direct shareholder returns with the reinforcement of the company’s internal capital reserves.
The proposal allocates 8,086,561.02 PLN for dividend payments to shareholders, which translates to a distribution of 0.27 PLN per share. The remaining balance of 33,665,422.33 PLN is designated for transfer to the company’s supplementary capital. This distribution strategy indicates a preference for retaining approximately eighty percent of the annual earnings to support future operations and financial stability, while still providing a liquidity event for investors.
Specific timelines for the execution of the dividend payment are established within the resolution, setting the dividend record date for July 8, 2022, and the subsequent payout date for August 3, 2022. The implementation of this profit distribution is subject to the evaluation of the Supervisory Board and final approval by the Ordinary General Meeting of Shareholders. This administrative action follows the legal requirements of the Polish Commercial Companies Code and the specific statutes of the Warsaw-based game development firm.
