ESPI 6/2018 Information regarding declaration of dividend payment

The Board of Directors of IMS S.A. (“the Company’, “the Issuer”) informs that taking into consideration the very good estimated results of the IMS Group for the year 2017, of which the Issuer informed on 14.02.2018 with ESPI 5/2018 report, and the very good financial position of the Issuer and the IMS Group, it will recommend to the Supervisory Board and the General Shareholder Meeting of the Company to pay out dividends for the year 2017 in the amount of PLN 20/100 per share. The above mentioned recommendation means that the maximum of PLN 6,699,979.80 will be allotted to pay out as dividends to Shareholders and that there is a 67% increase of dividend per share as compared to the dividend paid out for the year 2016. The dividend rate, based on the closing price of 19.02.2018, is 5.7%.

The dividend will cover not more than 33,499,899 shares. Due to the fact that the Company holds its own shares and the process of acquiring the Issuer’s own shares (which participate in the dividend) is in progress, the ultimate number of shares held by the Shareholders and giving right to dividends for 2017 as well as the amount of paid out dividend will be determined by the Board of Directors of the Company after the dividend has been approved by the Ordinary General Shareholder Meeting (“the OGSM”), as at the dividend record date. It is the intention of the Board to recommend to the OGSM to maintain the constant value of the dividend of PLN 20/100 per share for the year 2017.

The above mentioned recommendation is in line with the dividend policy implemented in the IMS Group and published in 26/2016 current report of 17.05.2016, which says that every year at least 60% of the consolidated net profit attributable to the parent company is allotted to be shared among the Shareholders.


Specific legal basis:

Article 38 paragraph 1 section 11 of the Regulations of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and conditions for recognition as equivalent the information required by laws of non-EU member states.

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