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Globe Trade Centre sets FY'17 distribution

Globe Trade Centre SA intends to distribute 33 Polish groszy per share from the net profit earned in the 2017 financial year, up from 27 groszy in 2016.

The payout is subject to the approval of shareholders in an annual general meeting, the real estate developer said in a release.

As of March 20, US$1 was equivalent to 3.45 Polish zloty.