Report 20/2022 Advance payment against dividends for 2022
The Management Board of STS Holding S.A. (the “Company”) hereby informs that on September 20, 2022, the Supervisory Board of the Company, in connection with the Management Board’s application submitted on September 20, 2022, regarding the consent to the payment of an advance on the expected dividend for 2022, acting under Art. 349 sec. 1 of the Commercial Companies Code and § 26 sec.4 of the Company’s Articles of Association, adopted a resolution on granting consent to the payment of an advance on the expected dividend for 2022.
Therefore, the Management Board decided to pay the advance for the expected dividend for 2022 and determined that the advance payment for the dividend will amount to PLN 42,264,438.66, i.e. not more than half of the Company’s profit earned from the end of the previous financial year, recognized in the financial statements as on June 30, 2022 and audited by a statutory auditor.
The advance payment will cover 156,534,958 shares of the Company.
The amount of the advance payment per 1 share will be: PLN 0,27.
The date of establishing the list of shareholders entitled to the advance payment: October 24, 2022
Advance payment date: October 28-21, 2022
Legal basis: Art. 17 sec. 1 MAR.