The Company aims to pay out in the form of dividends between 40% and 70% of its IFRS net profit adjusted for non-cash items if warranted.  Under the policy, the Board is to recommend semi-annual dividend payments within this range, taking into account the funding needs for the Company’s development programme and pre-sales dynamics. This policy takes effect starting with Etalon Group’s IFRS financial results for the first half of 2017.