Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Dismissal of the motion

4th Jun 2008 18:15

RNS Number : 0184W
Bank Pekao SA
04 June 2008
 

UNOFFICIAL TRANSLATION

May 30,2008

Report 57/2008: Dismissal of the motion for measure for conservation of a claim to overrule the resolutions No. 10 of the Ordinary Shareholders Meeting of the Bank dated April 23, 2008 on the distribution of net profit of Bank Polska Kasa Opieki S.A. for 2007 and allocation of the part of funds from reserve equities to dividend payment. 

The Management Board of Bank Polska Kasa Opieki S.A. (the "Bank") informs that on May 29, 2008 the Bank received the statement of the Circuit Court in Warsaw, XX Economical Division of May 21, 2008 on dismissal of the Bank shareholder's motion for measure for conservation of a claim to overrule the resolutions No. 10 of the Ordinary Shareholders Meeting of the Bank on the distribution of net profit of Bank Polska Kasa Opieki S.A. for 2007 and allocation of the part of funds from reserve equities to dividend payment. Justifying the reasons for dismissing the motion, the Court has indicated that at the present stage of the proceedings the claim of plaintiff can not be found contingent according to par 730 section 1 code of civil procedure.

The decision is pending appeal. The plaintiff (applicant) has the right to submit a complaint to the Court of Appeal in Warsaw within 7 days from the receipt of the statement.

Simultaneously, we inform that until now the Bank has not received the statement of claim to overrule the Resolutions no. 10 of the Bank's Ordinary General Meeting of April 23, 2008.

Legal grounds: par 39 sect. 1 p. 6 of the Ordinance of the Minister of Finance on Current and Periodical Information Submitted by the Issuers of Securities.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBRGDLGBGGGIS

Related Shares:

BPKD.L
FTSE 100 Latest
Value8,684.56
Change50.81