The Management Board of Boryszew S.A. (the Company) informs that it received a notification from subsidiary company – SPV Boryszew 3 Sp. z o.o. that Powszechna Kasa Oszczędności Banku Polskiego S.A. – Brokers House PKO BP SA with the seat in Warsaw (DM PKP BP) executing decisions of the Intermediary Agreement in taking up of treasury shares of Boryszew S.A. for redemption or further re-sale dated 19 January, 2015 (Agreement), DM PKO BP purchased on 29 January, 2015 on the Warsaw Stock Exchange 83,000 units of Boryszew’s shares of the nominal value of PLN 1.00 each share, at an average price of PLN 5.67 per one share.
Shares have been purchase for further re-sale to the SPV Boryszew 3 Sp. z o.o. in connection with the realized program of taking up of treasury shares, implemented by the resolution no 19 of the Ordinary General Meeting of Boryszew S.A. dated 25 June 2014 regarding authorization of the Management Board to purchase Boryszew’s treasury shares.
The above mentioned shares are equal to 83,000 votes on the GM, which constitutes 0.03 % in the share capital of the Company.
After re-purchase of shares from DM PKO BP (taking into account previously purchased shares, under the program of taking up of treasury shares) the Company will possess directly and indirectly 12,000,000 treasury shares, which are equal to 5.00 % of the share capital and giving right to 12,000,000 votes at the GM of Boryszew S.A.
The Company will release in separate current report information concerning purchase from DM PKO BP in a package transaction of Boryszew’s shares, according to the Agreement.
According to § 5 section 1 point 6 of the Decree
Piotr Szeliga – President of the Management Board
Translation from the original Polish version.
In the event of differences resulting from the translation, reference should be made to the official Polish version.