ESPI 6/2025 Recommendation of the Management Board of IMS S.A. concerning distribution of profits for 2024

Management Board of IMS S.A. (‘Company’, ‘Issuer’) announces that it has decided to recommend to the Supervisory Board and the General Meeting of Shareholders the distribution of profits for the year 2024 (including retained earnings from previous years) in the total amount of PLN 10.6 million. This is the highest amount in the Issuer’s history, PLN 1.1 million higher than the payment made to Shareholders for 2023.  The Management Board recommends that the payment for 2024 be made in two ways:

  1. Buyback of own shares in the form of dividends with the following parameters:

– buyback price of PLN 8 per share; 

– buyback value of PLN 5 million; 

– buyback volume of 625,000 shares;

– form of buyback – invitation to all Shareholders to submit offers to sell their shares;

 – buyback date – by the end of July 2025.

The repurchased shares will be cancelled.

  1. Payment of a dividend for 2024 in the amount of PLN 5.6 million, i.e. PLN 0.16 per share. In December 2024, the Company paid an advance dividend for 2024 in the amount of PLN 5.6 million, i.e. PLN 0.16 per share, which exhausts the requested dividend amount from the 2024 profit.

Pursuant to Article 382 §3 of the Commercial Companies Code, this recommendation will be submitted to the Company’s Supervisory Board for review. The final decision on the distribution of profit for the financial year 2024, including the authorisation of the Issuer’s Management Board to determine the details of the share buyback and to conclude an agreement with a licensed brokerage house for its implementation, will be made by the Ordinary General Meeting of IMS S.A., which will be convened by the Issuer’s Management Board in the coming days, with a date set for June of this year.

Recommended Posts