REKLAMA

PEIXIN: Change in dividend policy in connection with update of investment plan

2014-05-25 23:26
publikacja
2014-05-25 23:26
Spis treści:

1. RAPORT BIEŻĄCY

2. MESSAGE (ENGLISH VERSION)

3. INFORMACJE O PODMIOCIE

4. PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

KOMISJA NADZORU FINANSOWEGO
Raport bieżący nr 13 / 2014
Data sporządzenia: 2014-05-25
Skrócona nazwa emitenta
PEIXIN
Temat
Change in dividend policy in connection with update of investment plan
Podstawa prawna
Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
Treść raportu:
The Management Board of Peixin International Group N.V. (the "Company") informs that in connection with an update of investment plan disclosed in current report No. 12/2014, on 25 May 2014, the Company decided to adjust its foregoing dividend policy, particularly increasing payout ratio after the year 2016.

Distribution percentage shall increase in time, as the Company currently executes significant investment plan. Company intends to pay future dividends in the following manner:
- 10-30% of consolidated profits for years 2014-2015 – in those year the Company shall pursue with execution of its investment plan, therefore final percentage of dividend distribution should depend on pace of investment process, size of external financing acquired and amount of internally generated funds,
- 30-50% of consolidated profits for year 2016,
- 50-70% of the consolidated profits for years after 2016 – upon completion of investment plan the internally generated sources should be sufficient enough to both finance any further investment needs (if required) and share significant portion of profits with shareholders.

The dividend policy will be reviewed periodically and payment of any future dividends will be effectively made at the discretion of the Management Board and the Shareholders’ Meeting after taking into account the Company’s earnings, cash flow, financial condition, capital investment requirements and other factors.

MESSAGE (ENGLISH VERSION)

INFORMACJE O PODMIOCIE    >>>

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ
Data Imię i Nazwisko Stanowisko/Funkcja Podpis
2014-05-25 Hongyan Dai Member of Management Board Hongyan Dai
2014-05-25 Kaida Xie Member of Management Board Kaida Xie
Źródło:Komunikaty spółek (ESPI)
Tematy
Najlepsze konta dla spółek - ranking
Najlepsze konta dla spółek - ranking

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