LegalPCF Group
Uchwały Rady Nadzorczej PCF Group S.A. Dotyczące Spraw Wprowadzonych do Porządku Obrad Zwyczajnego Walnego Zgromadzenia w Dniu 22 Czerwca 2021 Roku
22 Jun 20219 pages~8 min full read
PCF Group S.A. reported a 2020 net profit of 29.1 million PLN individually and a consolidated net profit of 24.6 million PLN for the group.
The Supervisory Board approved a dividend payout of 5.6 million PLN, equating to 0.19 PLN per share, with the remaining 23.5 million PLN allocated to reserve capital.
As of December 31, 2020, the company held total assets of 91.2 million PLN individually and 95.7 million PLN on a consolidated basis.
The Supervisory Board issued a positive opinion on granting discharge to President Sebastian Wojciechowski for his performance during the 2020 fiscal year.
The Board formally reviewed and approved the Management Board's financial statements and reports, confirming compliance with the Commercial Companies Code and GPW Best Practices.
The resolutions served as the official oversight mechanism to prepare for the Ordinary General Meeting held on June 22, 2021.
These resolutions, adopted by the Supervisory Board of PCF Group S.A. on May 26, 2021, serve to formally evaluate and approve the company’s financial and operational performance for the 2020 fiscal year. The primary purpose of these documents is to provide the necessary oversight and recommendations to the Ordinary General Meeting scheduled for June 22, 2021. The scope of the resolutions covers the individual performance of PCF Group S.A. as well as the consolidated performance of its entire capital group within the Polish gaming industry.
Key financial data points highlighted in the resolutions include a reported net profit of 29.1 million PLN for the individual company and a consolidated net profit of 24.6 million PLN for the group. Total assets were valued at 91.2 million PLN on an individual basis and 95.7 million PLN on a consolidated basis as of December 31, 2020. Based on these results, the Supervisory Board approved a profit distribution plan that allocates approximately 5.6 million PLN for shareholder dividends, amounting to 0.19 PLN per share, while directing the remaining 23.5 million PLN to the company’s reserve capital.
The methodology for these approvals involved a formal review of the Management Board's reports and financial statements to ensure compliance with accounting ledgers and factual accuracy. Beyond financial metrics, the Board issued positive opinions on granting discharge to the President of the Management Board, Sebastian Wojciechowski, and adopted reports concerning the Audit Committee's activities and executive compensation for 2019 and 2020. These actions align with the Commercial Companies Code and the Best Practices of GPW Listed Companies 2016, ensuring corporate governance standards are met ahead of the annual general meeting.
