UNIPETROL, a.s. (“Unipetrol”, “Company”) informs that the Company’s Board of Directors at its meeting held on 26 April 2017 decided to propose to the Company’s General Meeting to allocate the amount of CZK 1,505,078,541.20 for dividend payment (representing CZK 8.30 per each Company’s share) as follows:
* Unipetrol’s net profit for 2016 in the amount of CZK 47,358,727.78;
* Amount of CZK 1,457,719,813.42 will be paid from the Company’s retained earnings.
Pursuant to the Company’s Articles of Association, the decisive date for exercising the right to the share in profits is the decisive date for participation at the General Meeting, which is the seventh (7th) calendar day preceding the day of the General Meeting.
The Board of Directors recommendation will be presented to the Company’s Supervisory Board for an opinion and to the Unipetrol’s General Meeting which will make the final decision in this issue.
In Prague, 26 April 2017
UNIPETROL, a.s.
Regulatory announcement No. 11/2017