CR 28/2015 The information on dividend

The information on dividend

Current report no.: 28/2015

Date: 26.06.2015

The Management Board of LPP SA announces that on 26 June 2015 the Annual General Meeting adopted resolution no. 19 on the distribution of profit for the financial year 2014, under which the net profit generated by the Company in the financial year 2014 in the amount of PLN 283,896,747.49 (two hundred and eighty three million eight hundred and ninety six thousand seven hundred and forty seven zloty 49/100) was allocated as follows:

the amount of PLN 57.988.640,00 (fifty seven million nine hundred and eighty eight thousand six hundred and forty zloty) was distributed among Shareholders as dividends;
the amount of PLN 225.908.107,49 (two hundred and twenty five million nine hundred and eight thousand one hundred and seven zloty 49/100) was allocated to the supplementary capital of the Company.

The Annual General Meeting set 3 September 2015 as the date of drawing up the list of Shareholders entitled to dividends for the financial year 2014 (dividend date), and 24 September 2015 as the dividend payment date.

As at the date of the resolution: one share of LPP SA accounts for the dividend of PLN 32.00, the number of LPP SA shares entitled to dividend is 1,812,145.

At the same time, the Management Board of LPP SA indicates that under Resolutions No. 21 and 22 of the AGM of 27 June 2011, the Company issued 21,300 Warrants issued in exchange for which the Eligible Persons shall have the right to purchase L Series Shares.

Where the above-mentioned rights are exercised on or before dividend date , the number of shares entitled to participate in the dividend shall amount to 1,833,445 and the dividend amount per share – PLN 31.62.