Management Board of IMS S.A. (“Company”, “Issuer”) announces that, starting with the dividend for the 2024 financial year, the IMS Group’s dividend policy is changing. The revision concerns two areas:
1/ Timing of dividend payments. Starting with the dividend for 2024, the Company will pay an advance dividend each year. The advance payment will be made in November or December of the financial year to which the dividend relates, and the balance of the dividend amount will be paid in May or June of the following calendar year, following the approval of the financial statements for the financial year to which the dividend relates. Thus, the transfer of dividend funds will be made to the Company’s Shareholders at regular intervals of approximately six months. At the same time, the Management Board informs that the advance payment will constitute approximately 30% – 60% of the expected dividend amount for the entire financial year.
2/ Dividend amount. The previous dividend policy of the IMS Group stipulated that at least 60% of the consolidated net profit attributable to the parent company should be distributed annually to the Shareholders.
The revised dividend policy, effective as of financial year 2024, provides for the annual distribution to Shareholders of at least 75% of the consolidated net profit attributable to the parent company.
At the same time, the Management Board of the Issuer announces that it maintains its recommendation for the payment of dividends for the financial year 2023, published in ESPI Report No. 7 of 11 March 2024.