Cyfrowy Polsat will not pay out dividend

Shareholders of Cyfrowy Polsat decided to not to pay out dividends for the financial year of 2014 and allocate it as a spare and reserve capital. "The Shareholder general meeting decided that a net profit of PLN 177,21 million recorded in the financial year of 2014 will be allocated as a spare and reserve capital," the resolution reads. In 2014, Cyfrowy Polsay paid out a dividend of PLN 0.26 per share.