AGORA SA (12/2018) Proposal of the Management Board of Agora SA concerning the payment of dividends and covering the Company's net loss for 2017

The Management Board of Agora SA with its registered office in Warsaw ("Agora", "Company") informs that at its meeting on May 15, 2018 adopted a resolution regarding the recommendation to the Ordinary General Meeting of Shareholders PLN 23 290 415.50 for dividend payment (PLN 0.50 per share) 1 share).
The payment of the dividend will take place from the supplementary capital of the Company established from the profit of previous years.

The proposed date for determining the right to dividend is July 13, 2018, and the dividend payment date is August 2, 2018.
The proposed period between the date of setting the right to dividend and the date of payment of the dividend does not exceed recommended by the Best Practices of Companies Listed on the Warsaw Stock Exchange for a period of 15 business days. In addition, the Management Board of the Company proposes to cover the net loss for the fiscal year 2017 in the amount of PLN 68,122,166.14 from the Company's supplementary capital. The above-mentioned application received a positive opinion of the Supervisory Board. The recommendation of the Management Board of the Company will be presented to the Ordinary General Meeting of the Company, which will take the final decision on these matters.

Legal basis: art. 17 sec. 1 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6 / EC of the European Parliament and of the Council and Commission directive 2003 / 124 / EC, 2003/125 / EC and 2004/72 / EC.

Source: company website, investor relations, current and periodic reports.

Company information
Company name:Agora SA
Adress: ul. Czerska 8/10 00-732 Warszawa
Phone:+48 22 5556000

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