As anticipated, Topicus (TOI) will receive a cash windfall later this month, tantamount to a partial refund of the price it paid for its ~24% stake in Aseco (which has since approximately tripled in value).
Topicus ($TOI): And there we have it, Asseco’s ($ACP) AGM adopted the resolution for the distribution of the PLN 1,050m dividend, to be paid out on May 22nd. Topicus owns 23.1%, and so will get PLN 243m.
Just to re-illustrate how beautiful this transaction is for Topicus shareholders (all figures in PLN):