The 29th Annual General Meeting of mBank S.A. - resolutions on profit distribution (no dividend payment)
The 29th Annual General Meeting of mBank S.A. - resolutions on profit distribution (no dividend payment)
| Current Report | | |
| Drafted on: | 24.03.2016 |
| Current report No | 24/2016 |
| Abbreviated issuer&rsquo|s name | mBank |
| Contents: | |
| The Management Board of mBank S.A. announces that on 24 March 2016 the 29th Annual General Meeting of mBank S.A. adopted a resolution on distributution of the undistributed retained profit and distribution of the profit generated in 2015. These resolutions do not provide for payment of dividend. The Annual General Meeting of mBank S.A. made a decision not to distribute the undistributed retained profit in the amount of PLN 1,223,305,322.12. Whereas the net profit generated in 2015 in the amount of PLN 1,271,449,406.95 will be earmarked | for mBank&rsquo|s general risk fund in the amount of 30,000,000.00. | The Annual General Meeting of mBank S.A. left undistributed the remaining part of the profit in the amount of 1,241,449,406.95. |
SIGNATURE OF THE PERSONS REPRESENTING THE COMPANY
| President of the Management Board | Cezary Stypułkowski 24.03.2016 |
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