Management Board of IMS S.A. (“Company”, “Issuer”) announces the suspension of the Company’s dividend policy in relation to 2019 (i.e. the dividend paid in 2020).
The suspension of the applied dividend policy results from a widespread coronavirus pandemic and its impact on the Issuer’s activity (the Issuer informed about it in current reports no. 12/2020 and 14/2020). Thus, the Management Board revokes its recommendation concerning the payment of dividend for 2019 published in Current Report No. 6/2020.
The Management Board will inform the Ordinary General Meeting (“OGM”) on the date of convening the OGM whether and, if so, in what amount the Management Board will recommend the payment of dividend for 2019. The decision will depend on the current situation related to the coronavirus pandemic and the predictions concerning the economic situation in the future.