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Altus Towarzystwo Funduszy Inwestycyjnych SA (ALI.WA)

ALI.WA on Warsaw Stock Exchange

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Latest Key Developments (Source: Significant Developments)

BRIEF-Minority Shareholder Requested Debica To Spend Up To 436.5 Mln Zlotys On Share Buy-Back
Wednesday, 13 Jun 2018 01:09pm EDT 

Corrects headline and text to show that the proposal on share buyback was put forward by Debica's minority shareholder, not Debica. Specifies that decision on proposed resolutions will be made by the Extraordinary Shareholders Meeting on Sept. 25. Adds third bullet on proposed change of dividend policy.:SAID ON WEDNESDAY THAT ITS SHAREHOLDER ALTUS TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH SA (ALTUS TFI), WHICH OWNS OVER 5 PERCENT OF DEBICA'S SHARE CAPITAL, HAS PROPOSED TO VOTE ON BUYBACK OF UP TO 2.6 MILLION SHARES AT THE EXTRAORDINARY SHAREHOLDERS MEETING ON SEPT. 25.SAID ALTUS TFI PROPOSED THAT SHARES BE BOUGHT BACK AT PURCHASE PRICE OF 170 ZLOTYS PER SHARE, NOT EXCEEDING 436.5 MILLION ZLOTYS IN TOTAL.SAID THAT ALTUS TFI PROPOSED ALSO CHANGING DIVIDEND POLICY FOR 2018-2020 TO PAY DIVIDEND OF 100 PERCENT OF THE AMOUNT POSSIBLE TO BE PAID.  Full Article

Altus TFI Plans 2017 Div. Of 1.49 Zloty/Shr Or Share Buyback
Tuesday, 15 May 2018 02:23am EDT 

May 15 (Reuters) - ALTUS TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH SA ::SAID ON MONDAY THAT ITS MANAGEMENT PLANS TO RECOMMEND SPENDING 90% FROM FY 2017 NET PROFIT ON DIVIDEND PAYMENT OR ON FINANCING COMPANY'S SHARE BUYBACK.THE REMAINING 10% OF FY 2017 NET PROFIT MANAGEMENT WANTS TO ALLOCATE ON RESERVE CAPITAL.PROPOSED DIVIDEND WOULD AMOUNT TO 1.49 ZLOTYS PER SHARE.IF SHAREHOLDERS DECIDE ON SHARE BUYBACK PURCHASE PRICE WILL BE SET AT 16 ZLOTYS PER SHARE.PROPOSED SHARE BUYBACK SHOULD START IMMEDIATELY AFTER RESOLUTION MADE BY AGM CALLED FOR JUNE 11 AND SHOULD END ON JULY 31, 2018 THE LATEST .UNDER SHARE BUYBACK COMPANY WANTS TO BUY NOT MORE THAN 4,294,925 OWN SHARES.  Full Article

Altus TFI Q1 Net Profit Up At 22.5 Million Zlotys
Monday, 7 May 2018 11:19am EDT 

May 7 (Reuters) - ALTUS TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH SA ::Q1 NET PROFIT 22.5 MILLION ZLOTYS VERSUS 21.3 MILLION ZLOTYS YEAR AGO.Q1 REVENUE 90.0 MILLION ZLOTYS VERSUS 91.6 MILLION ZLOTYS YEAR AGO.Q1 OPERATING PROFIT 28.1 MILLION ZLOTYS VERSUS 28.8 MILLION ZLOTYS YEAR AGO.  Full Article

Altus TFI: Management's Recommendation On FY Profit Distribution
Thursday, 1 Mar 2018 06:18am EST 

March 1 (Reuters) - ALTUS TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH SA ::SAID ON WEDNESDAY THAT COMPANY'S MANAGEMENT WILL RECOMMEND SPENDING 90% OF FY NET PROFIT ON DIVIDEND PAYMENT OR REPURCHASE OF COMPANY'S OWN SHARES.REMAINING 10% OF FY NET PROFIT SHALL BE MOVED TO RESERVE CAPITAL AND SPENT ON SOCIAL GOALS AS PER COMPANY'S STATUTE.COMPANY REPORTED FY NET PROFIT OF 100.7 MILLION ZLOTYS .  Full Article

Altus TFI Q4 Net Profit Up At 17.8 Million Zlotys
Wednesday, 28 Feb 2018 11:12am EST 

Feb 28 (Reuters) - ALTUS TFI SA ::Q4 NET PROFIT 17.8 MILLION ZLOTYS VERSUS 16.0 MILLION ZLOTYS YEAR AGO.Q4 REVENUE 99.1 MILLION ZLOTYS VERSUS 85.8 MILLION ZLOTYS YEAR AGO.Q4 OPERATING PROFIT 20.4 MILLION ZLOTYS VERSUS 19.8 MILLION ZLOTYS YEAR AGO.  Full Article

Altus Towarzystwo Funduszy Inwestycyjnych to transfer ALTUS 59 fund to SATURN TFI
Monday, 8 Jan 2018 02:35am EST 

Jan 8(Reuters) - Altus Towarzystwo Funduszy Inwestycyjnych SA ::SAID ON FRIDAY IT SIGNED AGREEMENT WITH SATURN TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH SA (SATURN TFI) FOR TRANSFER OF MANAGEMNET OF ALTUS 59 FUNDUSZ INWESTYCYJNY ZAMKNIĘTY FUND TO SATURN TFI.  Full Article

Altus TFI says ‍final price for BPH TFI set at 17.9 mln zlotys​
Wednesday, 15 Nov 2017 11:23am EST 

Nov 15 (Reuters) - ALTUS TFI SA :SAYS ‍FINAL PRICE FOR 100% OF SHARES IN BPH TFI AMOUNTS TO 17.9 MILLION ZLOTYS​.  Full Article

Altus TFI consolidated Q3 net profit up at 35.7 mln zlotys
Monday, 13 Nov 2017 11:32am EST 

Nov 13 (Reuters) - ALTUS TFI SA ::CONSOLIDATED Q3 REVENUE 90.9 MILLION ZLOTYS VERSUS 88.3 MILLION ZLOTYS YEAR AGO.CONSOLIDATED Q3 NET PROFIT 35.7 MILLION ZLOTYS VERSUS 22.9 MILLION ZLOTYS YEAR AGO.CONSOLIDATED Q3 OPERATING PROFIT 24.6 MILLION ZLOTYS VERSUS 27.6 MILLION ZLOTYS YEAR AGO.  Full Article

Altus TFI Q3 net profit down at 20.1 mln zlotys
Monday, 13 Nov 2017 11:26am EST 

Nov 13 (Reuters) - ALTUS TFI SA ::Q3 REVENUE 87.0 MILLION ZLOTYS VERSUS 88.3 MILLION ZLOTYS YEAR AGO.Q3 NET PROFIT 20.1 MILLION ZLOTYS VERSUS 22.5 MILLION ZLOTYS YEAR AGO.Q3 OPERATING PROFIT 24.2 MILLION ZLOTYS VERSUS 27.2 MILLION ZLOTYS YEAR AGO.  Full Article

Altus TFI funds increase their stake in LC Corp to 13.14 pct
Friday, 22 Sep 2017 03:42am EDT 

Sept 22 (Reuters) - LC CORP SA ::SAID ON THURSDAY THAT FUNDS OF ALTUS TFI SA INCREASED THEIR STAKE IN THE COMPANY TO 13.14 PERCENT FROM 0.94 PERCENT FOLLOWING ACQUISITION OF COMPANY'S SHARES.  Full Article