The Management Board of Boryszew S.A. Notifies that on June 25th, 2019, in connection with the expiry of the period for which it was adopted, the own shares redemption program, adopted by resolution No. 19 of the Ordinary General Assembly of Boryszew S.A. dated June 25th, 2014.
As a result of the implementation of Resolution No. 19 of the Ordinary General Assembly of Shareholders (as amended), the companies of the Boryszew Capital Group acquired a total of 25,466,149 shares of Boryszew S.A. (where Boryszew S.A. acquired 14,955,399 shares) with a nominal value of PLN 1.00 each, at an average price of PLN 6.46, i.e. for the total amount of PLN 164,398,381.14.
The acquired shares constitute 10.60% of the share capital and correspond to 25,466,149 votes at the General Assembly of Shareholders i.e. 10.60% of the total number of votes.
Pursuant to the resolution cited above, shares acquired under the redemption program will be allocated to one of the purposes set out therein, i.e. (i) for resale, (ii) for redemption.
The legal basis: Other regulations
Piotr Lisiecki – President of the 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.