Ronson's shareholders decided on PLN 0.24 of a conditional dividend per share for 2021.Warsaw, June 30, 2022 (ISBnews) – During the general meeting, the shareholders of Ronson Development decided to pay out a conditional dividend of PLN 0.24 per share for 2021, the company said.

“The ordinary general meeting of the issuer’s shareholders adopted a resolution on the distribution of net profit for 2021 in the amount of PLN 40 346 602 as follows:

1.for the payment of dividends to the company’s shareholders, allocate the amount of PLN 0.24 per share, the total amount for the payment of the dividend will depend on the number of treasury shares (which do not entitle to receive a dividend) held by the company on the dividend date and will in no case be higher than PLN 39 362 595.12,
2. the remaining part of the company’s net profit for 2021 should be allocated to the supplementary capital, ”reads the general resolution.

The distribution of profit in the manner specified above depends on the fact that the payment will not adversely affect the company’s ability to repay its debt or implement its development plans, in the context of the current market situation and the situation on the real estate market. The fulfillment or non-fulfillment of this condition will be ascertained by the extraordinary general meeting of the company no later than November 30, 2022, subject to reservation.

If the above-mentioned The EGM of a relevant resolution or in the event of adopting a resolution on failure to meet the above condition, the entire amount of profit for 2021 will be allocated to the company’s supplementary capital, according to the material.

In the case of a dividend payment, the dividend date is September 30, 2022, and the dividend payment date is December 15, 2022.

Ronson is a real estate development company listed on the Warsaw Stock Exchange from 2007 to April 2022. In 2021, it sold 877 units and handed over 1,007.

(ISBnews)

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