5th Mar 2020 16:57
UNOFFICIAL TRANSLATION
05.03.2020 - Report 6/2020: Individual recommendation of the Polish Financial Supervision Authority regarding the dividend for 2019
Bank Polska Kasa Opieki Spółka Akcyjna (the "Bank") hereby informs that the Bank received from the Polish Financial Supervision Authority (the "PFSA") individual recommendation to increase the own funds of the Bank by retaining at least 25% of the Bank's profit for the period from 1 January to 31 December 2019.
In received individual recommendation the PFSA confirmed that as of 31 December 2019 the Bank meets the criteria for dividend payment of up to 75% of the Bank's profit for the period from 1 January to 31 December 2019 at the individual and consolidated level.
The PFSA also confirmed that the Bank does not meet the criteria for dividend payment of up to 100% of the Bank's profit at the individual and consolidated level.
Legal basis:
Article 17 (1) MAR - inside information
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