May 30, 2017 / 5:51 AM / 2 months ago

BRIEF-Medicalgorithmics announces dividend policy for 2016-2019

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May 30 (Reuters) - MEDICALGORITHMICS SA:

* SAID ON MONDAY THAT IT PLANS FY 2016 DIVIDEND OF 2.00 ZLOTY PER SHARE

* MANAGEMENT BOARD PLANS DIVIDEND PAYMENT IN NEXT YEARS AT LEVEL OF 50 PCT OF CONSOLIDATED NET PROFIT

* IN CASE OF ACTUAL OR ANTICIPATED CAPITAL NEEDS MANAGEMENT BOARD MAY DECIDE TO ALLOCATE 20 PCT OF THE COMPANY'S NET PROFIT FOR DIVIDEND IN 2017, 2018 AND 2019

* THE COMPANY ALSO SAID THAT DUE TO THE CONTENT OF THE TERMS OF ISSUED SECURITIES, IN PARTICULAR BONDS, DIVIDEND PAYMENT IN 2017, 2018 AND 2019 MAY BE EXCLUDED OR RESTRICTED

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Further company coverage: (Gdynia Newsroom)

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