Shares and shareholders
Stock quotes, investor calculator, dividends and everything about shareholders
Stock quotes
Shareholders structure
On 31 May 2022 the District Court Poznań - Nowe Miasto and Wilda in Poznań, 8th Commercial Division of the National Court Register, registered the share capital increase and currently the Company's share capital is PLN 529 731 093 and consists of:
a) 295 987 473 series "A" ordinary bearer shares;
b) 41 638 955 series "B" ordinary bearer shares;
c) 103 816 150 series "C" ordinary bearer shares;
d) 88 288 515 series "D" ordinary bearer shares.
The total number of votes resulting from all outstanding shares is 529 731 093. The par value of each share in the Company's share capital is PLN 1.00.
Owner | Amount of shares and votes | share capital |
State Treasury | 277 015 422 | 52.29% |
Other | 252 715 671 | 47.71% |
Total | 529 731 093 | 100% |
Employee shares
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Enea Capital Group employees were entitled to acquire free-of-charge i.e. "employee shares" in connection with the commercialization and privatization of ENEA S.A.
Enea Capital Group employees were entitled to acquire free-of-charge i.e. "employee shares" in connection with the commercialization and privatization of ENEA S.A.
The process of acquisition of the Company’s shares took place pursuant to the Commercialisation and Privatisation Act of 30 August 1996 and pursuant to the Act on the Principles Regulating the Acquisition of Shares from the State Treasury as a Part of the Consolidation of the Energy Sector of 7 September 2007. In accordance with the Commercialisation and Privatisation Act, employees are entitled to take up, free-of-charge, 15 per cent of the shares held by the State Treasury on the day the company is entered into the commercial register.
41,638,955 B series shares have been designated for free-of-charge distribution to employees.
The value of the employee share program was estimated at 921 million PLN.The basic aim of the programme was to compensate employees for work performed before the date of the company’s commercialisation (and therefore in the past), which is evidenced by the fact that, under the programme, employees are awarded a fixed amount of shares that does not change regardless of time worked after commercialisation.
ENEA S.A. shares were granted to employees according to 2 criteria:
- employment in a commercialized enterprise on its deletion from the register
- seniority in the company commercialized
The right to acquire shares was based on the Act on commercialization and privatization on 16 May 2010 in connection with the disposal of three months earlier ENEA S.A. shares by the State Treasury. 8,818 persons were entitled to take up shares from the State Treasury for which 33,239,235 shares were provided. According to the Act on commercialization and privatization, the right to acquire shares is inherited, which means that beneficiaries of entitled persons are also entitled to take up shares.
Pursuant to § 6. 3 of the ENEA S.A. Statute, registered B series shares owned by the State Treasury for purposes specified in the Act on commercialization and privatization and the Act on the Principles Regulating the Acquisition of Shares from the State Treasury as a Part of the Consolidation of the Energy Sector, became the bearer shares upon the expiry of the prohibition on the disposal or upon the expiry of the right to take up shares free-of charge.
The process of a free-of-charge acquisition of above-mentioned shares has been completed on 16 May 2012 (provided that in certain specific cases the beneficiary may sign a contract of a free-of-charge acquisition of shares after the indicated date).
Dividend
Dividend paid from profit for 2008 - 2016 (data were not restated)
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Dividend policy
The principle of the dividend policy is to make payments according to the amount of ENEA S.A. generated profit and financial capacity. The ENEA S.A. Management Board, by submitting proposals for the dividend payment, is guided by the need to ensure liquidity and capital necessary to develop our business.
The intention of the ENEA S.A. Management Board is to put forward a motion to the general meeting to pay dividend at a level from 30% to 60% of the net profit indicated in the standalone financial statement of the Company prepared in accordance with the International Financial Reporting Standards. Dividend payment will be possible when the projected expenditures for development and investment financed with equity, are smaller than the expected level of free cash flow in the Company during the financial year in which the dividend is paid.
Dividend paid from profit for 2008 - 2016 (data were not restated).
2016 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
Standalone net profit | PLN 620 243 000 | PLN 696 608 000 | PLN 833 465 000 | PLN 522 680 000 | PLN 355 169 000 | PLN 364 386 000 | PLN 305 414 000 | PLN 203 785 000 |
Dividend payment | PLN 110 360 644.50 | PLN 207 478 011.66 | PLN 251 622 269.46 | PLN 158 919 328.08 | PLN 211 892 437.44 | PLN 194 234 734.32 | PLN 167 748 179.64 | PLN 203 063 585.88 |
Dividend per share | PLN 0.25 | PLN 0.47 | PLN 0.57 | PLN 0.36 | PLN 0.48 | PLN 0.44 | PLN 0.38 | PLN 0.46 |
Earnings per share | PLN 1.41 | PLN 1.58 | PLN 1.89 | PLN 1.18 | PLN 0.80 | PLN 0.83 | PLN 0.69 | PLN 0.46 |
Dividend payout ratio | 17.8% | 29.8% | 30.2% | 30.4% | 59.7% | 53.3% | 54.9% | 99.6% |
Dividend yield | 1.7% | 3.4% | 3.8% | 2.5% | 3.0% | 2.6% | 2.2% | 2.0% |
Dividend record date | 24.07.2017 | 22.07.2015 | 23.07.2014 | 23.07.2013 | 13.08.2012 | 11.08.2011 | 24.05.2010 | 13.08.2009 |
Dividend payment date | 10.08.2017 | 11.08.2015 | 12.08.2014 | 12.08.2013 | 03.09.2012 | 01.09.2011 | 10.06.2010 | 31.08.2009 |
Investors calculator
The calculator will calculate the current value of your block of Enea shares.
ENEA reserves the right, that the investment calculator is an additional tool to make simply calculations relating to ENEA S.A. shares and cannot be treated as a basic source on the grounds of which, investment decisions within the scope of securities, are made.
ENEA S.A. informs that it does not bear any responsibility for correctness, exactness, topicality and completeness of calculation and excludes its responsibility of all harms and losses, direct and indirect, lost profits nor lost benefits resulting from using the calculator and decisions taken based on the calculation. All risk related to using the calculator is incurred by website user. It is recommended to check the result of the calculation with other available sources of calculation before taking an investment decision.
Analysts
Institution | Analyst |
Dom Maklerski mBanku | Kamil Kliszcz <a href="mailto:kamil.kliszcz@mbank.pl">kamil.kliszcz@mbank.pl</a> |
Santander Biuro Maklerskie | Paweł Puchalski <a href="mailto:pawel.puchalski@santander.pl">pawel.puchalski@santander.pl</a> |
Biuro Maklerskie PKO BP | Andrzej Rembelski <a href="mailto:andrzej.rembelski@pkobp.pl">andrzej.rembelski@pkobp.pl</a> |
Dom Maklerski Banku Handlowego | Piotr Dzięciołowski <a href="mailto:piotr.dzieciolowski@citi.com">piotr.dzieciolowski@citi.com</a> |
Dom Maklerski Pekao | Marcin Górnik <a href="mailto:marcin.gornik@pekao.com.pl">marcin.gornik@pekao.com.pl</a> |
Trigon Dom Maklerski | Michał Kozak <a href="mailto:michal.kozak@trigon.pl">michal.kozak@trigon.pl</a> |
Ipopema Securities | Robert Maj <a href="mailto:robert.maj@ipopema.pl">robert.maj@ipopema.pl</a> |
Recommendations
Publication Date | Institution | Recomendation | Target price | Price on issue date |
25.09.2024 | DM Banku Ochrony Środowiska | "Sell" | 9.20 | 11.08 |
20.05.2024 | DM Trigon | "Hold" | 11.63 | 10.80 |
20.05.2024 | Santander Biuro Maklerskie | "Outperform" | 12.80 | 10.84 |
10.04.2024 | Santander Biuro Maklerskie | "Underperform" | 5.70 | 10.08 |
11.12.2023 | DM Trigon | "Buy" | 14.95 | 9.30 |
27.11.2023 | Santander Biuro Maklerskie | "Outperform" | 9.90 | 7.80 |
16.11.2023 | Ipopema Securities | "Sell" | 5.78 | 7.00 |
23.10.2023 | DM Trigon | "Buy" | 12.29 | 7.60 |
22.08.2023 | DM Trigon | "Buy" | 11.15 | 9.10 |
30.06.2023 | Ipopema Securities | "Buy" | 8.80 | 6.40 |
24.04.2023 | DM Trigon | "Hold" | 7.37 | 7.00 |
14.12.2022 | Ipopema Securities | "Buy" | 8.31 | 6.07 |
12.12.2022 | DM Trigon | "Buy" | 6.65 | 6.00 |
04.07.2022 | Ipopema Securities | "Buy" | 15.65 | 9.76 |
06.06.2022 | Santander Biuro Maklerskie | "Buy" | 12.80 | 8.96 |
25.04.2022 | DM Trigon | "Buy" | 11.30 | 8.89 |
IPO
The initial public offering of ENEA S.A. shares consisted of three tranches:
- Retail Investor Tranche, in which subscriptions were accepted between 24 and 31 November 2008,
- Institutional Investor Tranche, in which subscriptions were accepted between 5 and 7 November 2008,
- Sector Investor Tranche, in which subscriptions were accepted on 7 November 2008.
On 10 November 2008, the Management Board of ENEA S.A. distributed shares for which subscriptions had been placed as part of the Individual Investor Tranche, and on 12 November for those placed as part of the Institutional and Sector Investor Tranches.
The public offering consisted exclusively of 103,816,150 newly issued Series C shares.
In the Sector Investor Tranche, the share price was PLN 20.14, while in the Institutional and Retail Investor Tranches it was PLN 15.40.
The first listing of ENEA S.A. shares on the Warsaw Stock Exchange took place on 17 November 2008.