The resolution of the Management Board of CCC S.A. in the matter of allocation of profit for the financial year 2014 and the payment of dividends

(Current report No. 19/2015)

05.05.2015 /The Issuer/

Legal basis:
Art. 56 (1)(2) Act on Offerings – current and periodic information

 
With accordance to §38 (1)(11) of the Resolution of Minister of the Finance dated on 19th February 2009 on current and periodic information provided by issuers of securities (the Journal of Laws, No. 33 point 259), the Management Board of the CCC S.A. hereby informs that on 5th May 2015 it adopted the resolution of submitting a recommendation to the General Meeting of Shareholders to allocate net profit for the year 2014, in the amount of 115,200,000.00 PLN (one hundred and fifteen million two hundred thousand) for the payment of dividends. The proposed dividend per one share is 3.00 PLN. The remaining part of the profit in the amount of 624,852.87 PLN (six hundred twenty-four thousand   eight hundred fifty two, 87/100) the Management Board recommends to transfer into Company's spare capital.

The recommended dividend amount represents approximately 53% of the Group's consolidated profit CCC earned in the year ended December 31, 2014, after adjustment for one-offs, including deferred tax liabilities.

The Management Board recommended a establishing a dividend day (day D) on 23th September 2015 and the date of payment (day W) on 8th October 2015.

The Board will ask the Supervisory Board to evaluate the above proposal and submit it together with the recommendation for the General Meeting.

Signatures:

1/ Piotr Nowjalis   – Vice President

2/ Mariusz Gnych – Vice President