Profil:
Dino Polska SADino grocer's OGM decides on 1:10 share split
Listed retailer Dino Polska's shareholders passed a resolution on a 1:10 share split by reducing their nominal value from PLN 0.1 (EUR 0.02) to PLN 0.01 (EUR 0.002) and increasing the number of shares comprising the share capital from 98,040,000 to 980,400,000 shares, according to the resolutions of Monday's Ordinary General Meeting.
The share split will not change the amount of the company's share capital.
The company previously announced that the purpose of the split is to increase the liquidity of the company's shares and make them more accessible to individual investors.
On Monday, at the close of trading, Dino Polska's share price was PLN 515 (EUR 120.7).
pel/ han/