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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):

  • Topicus bought their shares for 85…

May 8
at
4:47 AM
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