Value Fund Increases Stake in LSI Software; Dividend Recommended by Supervisory Board

This report is prepared for the Warsaw Stock Exchange SA within the framework of the Analytical Coverage Support Program. 3.0

Event:

Value Fund has over 5% shares of LSI Software; supervisory board recommends PLN 0.3 dividend per share.

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Yesterday, during WSE trading hours LSI Software informed that Value Fund Poland Activist FIZ increased their stake in the Company to 5.06%/ 7.54% in votes/ shares.

On June 2 the Company revealed that the supervisory board recommended to allocate PLN 0.98 million of FY22 profit for a dividend payout which implies a DPS of PLN 0.30 and a 2.4% dividend yield.

Expected impact: Slightly positive (discounted on Friday and Monday) – earlier the management recommended to retain the whole FY22 profit in the Company

GPW’s Analytical Coverage Support Programme 3.0

The Warsaw Stock Exchange's (GPW's) Analytical Coverage Support Programme 3.0 supports investment firms in drafting analytical reports which are financed by GPW. The objective of the Programme is to improve the availability of research covering less liquid companies, facilitating investors' informed investment decisions based on a reliable independent source of issuer information. Eligible to participate in the Programme are companies listed on the GPW Main Market (other than WIG20 participants) and on NewConnect. The Programme covers up to 50 issuers.

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Topics

dividend shares warsaw stock exchange profit lsi software management Value Fund Analytical Coverage Support Program supervisory board stake WSE trading hours DPS dividend yield FY22