Polskie Górnictwo Naftowe i Gazownictwo S.A.

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PLPGNIG00014

PGNiG : Recommendation of the PGNiG Management Board concerning dividend from the 2013 non-consolidated net profit – Supervisory Board opinion

April 23, 2014 at 09:49 am EDT

MarketScreener.com By The editorial team

Warsaw, April 23rd 2014

Recommendation of the PGNiG Management Board concerning dividend from the 2013 non-consolidated net profit - Supervisory Board opinion

Current Report No. 58/2014
The Management Board of Polskie Górnictwo Naftowe i Gazownictwo SA ("PGNiG", the "Company") hereby reports that on April 23rd 2014 Supervisory Board of PGNiG issued a positive opinion of the Management Board's decision, published in the current report no. 41/2014, regarding the recommendation to General Meeting of PGNiG to allocate PLN 885,000,000 from the 2013 non-consolidated net profit to shareholders as dividend.
See also: Current report no. 41/2014

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Company Profile

Polskie Górnictwo Naftowe i Gazownictwo S.A. is the leading Polish produce of natural gas. Net sales break down by activity as follows: - trading and storage of natural gas (77.1%); - distribution of natural gas (10.7%); - exploration and production of hydrocarbons (8%); - production of electricity and heating (3.8%); - other (0.4%). Poland accounts for 85.5% of net sales.

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