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2014 zintegrowany raport roczny

2014 Pelion on the WSE

Listing market

WSE

Market / Segment

Main/50 PLUS

Quotation system

Continous

Industry sector

Wholesale

Abbreviated name

PEL

Bloomberg

PEL PW

Reuters

PELIO.WA

Participant in indexes at the end of 2014

WIG, WIG50, Respect Index

Number of shares at the end of 2014

11,185,575

In 2014, Pelion’s stock traded within the range from PLN 66.2 to PLN 99. The maximum price was reached on January 3rd, and on September 18th the price dropped to the lowest level. From November 2013 to July 2014, the Company’s stock price moved downwards, which was followed by a horizontal trend persisting over the subsequent four months. December 2014 saw a strong rebound, with the price going up 12.5% month on month, to reach PLN 85.5 at year end. The annual average trading volume was just under 6,000 shares in 2014, reaching the year’s high in September (10,270) and the year’s low in May (2,360). The Company’s market capitalisation at year end stood at PLN 956m

Dividend policy in 2011 - 2014

Year of dividend payment

Dividends

(PLNm)

DPS

(PLN)

Payout ratio*

Dividend Yield**

2011

15

1,23

15%

2,5%

2012

18

2,00

116%

7,8%

2013

23

2,00

35%

3,4%

2014

34

3,00

15%

4,1%


* Payout Ratio relevant to Pelion S.A.’s net profit
** Dividend Yield relevant to share price on dividend record date

In February 1998, the inflows from IPO amounted to PLN 75m. Since 1998 Pelion has paid dividends of PLN 221m to shareholders. Until Mar 20th 2015 Pelion carried out buyback of shares amounted to PLN 81.5m.

In 2011–2013, Total Shareholder Return (TSR) stood at 98%, which ranked Pelion 11th among the MiS80 index leaders and 28th in the WIG index category in the third edition of the 'TSR - Złota Akcja Biznes.pl' ranking published in September 2014.

On April 30th 2014, the Annual General Meeting of Pelion S.A. resolved to allocate part of the 2013 net profit towards payment of dividend to the Company’s shareholders at PLN 3 per share. As at the resolution date, 11,415,896 shares conferred the right to dividend, excluding 230,321 shares repurchased by the Company for cancellation. The total amount of dividend paid was PLN 33,556,725. In March 2015 Pelion Management Board passed the resolution to propose to the General Meeting a dividend payment of PLN 2 per share from the 2014 profit.

Dialogue with the capital market


The Company is committed to maintaining an open dialogue with the capital market, in keeping with the principles of transparency. In 2014, Pelion won the best website award in the sWIG80 Index’ category in the 7th edition of the Golden Website Award competition, which demonstrates our determination to foster good relations with retail investors and other stakeholders. The goal of the competition is to recognise best websites of listed companies based on the criteria such as usefulness of the website and innovative means of communication, as well as feedback provided by retail, institutional, and foreign investors. Set to present the Company to a larger group of retail investors, Pelion’s representatives took part in the Shareholding Trade Fair at the 18th Wall Street Conference held in Karpacz, gathering almost 1,000 individual investors from all over Poland.
In December 2014, Pelion was also included for the third time in the RESPECT Index, which highlights WSE-listed companies managed in a sustainable and responsible manner. The Index represents a valid point of reference for stock market investors, who want to be sure that they invest in highly-liquid companies run to the best-in-class standards of management. 24 companies composed 8th edition of Respect Index. Strategy and the organisation managing, employee and environmental policy and pro-market and customers activities were assessed, among others, in the process of graduated review.

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