11/2021
11/2021
Recommendation of the Management Board regarding the allocation of profit for 2020 to the Company’s reserve capital
Current Report No. 11/2021
Date of preparation: 19 May 2021
Subject: Recommendation of the Management Board regarding the allocation of profit for 2020 to the Company’s reserve capital
Legal basis: Article 17.1 of MAR – Inside Information
Content:
The Management Board of Lubelski Węgiel Bogdanka S.A. (“Company”) with registered office in Bogdanka hereby announces that on 19 May 2021 it adopted a resolution on a motion to be submitted to the General Shareholders Meeting regarding the distribution of net profit for the financial year 2020 in the amount of PLN 70,049,565.74 (seventy million fourty-nine thousand five hundred and sixty-five zlotys 74/100) and allocating it in full to the Company’s reserve capital.
A final decision regarding the distribution of the 2020 profit will be made by the Annual General Shareholders Meeting of Lubelski Węgiel Bogdanka S.A.
The Management Board’s motion along with substantiation is attached to this Current Report.
Date of preparation: 19 May 2021
Subject: Recommendation of the Management Board regarding the allocation of profit for 2020 to the Company’s reserve capital
Legal basis: Article 17.1 of MAR – Inside Information
Content:
The Management Board of Lubelski Węgiel Bogdanka S.A. (“Company”) with registered office in Bogdanka hereby announces that on 19 May 2021 it adopted a resolution on a motion to be submitted to the General Shareholders Meeting regarding the distribution of net profit for the financial year 2020 in the amount of PLN 70,049,565.74 (seventy million fourty-nine thousand five hundred and sixty-five zlotys 74/100) and allocating it in full to the Company’s reserve capital.
A final decision regarding the distribution of the 2020 profit will be made by the Annual General Shareholders Meeting of Lubelski Węgiel Bogdanka S.A.
The Management Board’s motion along with substantiation is attached to this Current Report.