43/2014
The Management Board of Boryszew S.A. (The Company) herewith informs on the termination of the private subscription of Series B ordinary bearer shares (Shares) with depriving of the to-dated shareholders of the collection law.
The Shares’ subscription was a result of resolution of the Ordinary General Meeting of Boryszew S.A. no 24 dated 25 June, 2014 regarding increasing of the share capital in a way of private subscription of Series B bearer shares, excluding in total the collection law of the to-date shareholders, dematerialization of Series B shares and introducing into turnover on the regular market carried by the WSE series B shares and right to Series B shares as well as the change of the Company’s Statute.
The Shares will be subject of applying of admittance to trading on the regular market on the Warsaw Stock Exchange S.A.
1. Date of starting And termination of subscription:
The subscription was a private one and has been followed by placing an offer by the Issuer and its acceptation by the marked addressees. Subscription’ starting: 25 July, 2014, termination: 25 July, 2014.
2. Date of allocation of securities: 25 July, 2014.
3. Number of shares covered by subscription:
The private subscription has covered 20,000,000 (twenty million) units of Series B ordinary bearer shares of the nominal value of PLN 1.00 (one) each share.
4. Rate of subscription’s reduction in individual parts:
No reduction has been implemented.
5. Number of shares which were registered under the subscription:
The private subscription has covered 20,000,000 (twenty million) units of Series B ordinary bearer shares of the nominal value of PLN 1.00 (one) each share.
6. Price of the purchased (covered) shares:
Series B ordinary bearer shares have been covered at the issue price of PLN 5.50 (five and 50/100) for 1 share.
7. Value of the subscription: PLN 110,000,000 (one hundred ten million).
8. Number of persons, who have been allocated with the shares:
Series B ordinary bearer shares have been offered by the Management Board to 2 (two) investors, with whom the agreements have been concluded, as follows:
• Alchemia Spółka Akcyjna with the seat in Warsaw has covered 15,000,000 (fifteen million) units of Series B ordinary bearer shares of the nominal value of PLN 1.00 (one) each share,
• Mr. Roman Krzysztof Karkosik has covered 5,000,000 (five million) units of Series B ordinary bearer shares of the nominal value of PLN 1.00 (one) each share.
9. Number of persons, to whom the Series B ordinary bearer shares has been allocated.
The Series B allocations’ shares agreements have been concluded with 2 (two) investors.
10. Names (companies) of sub-issuers who cover financial measurements under the execution of sub-issue’ agreements with determining of number of financial measurements, which have been covered together with the real price of unit of financial measurement (issue or sale price after deduction of remuneration for the covering of unit of financial measurement as per execution of sub-issue agreement, purchased by the sub-issuer:
Series B ordinary bearer shares have not been covered by sub-issuers. No sub-issuer agreement has been concluded.
11. Total costs, which have been included to the issue costs, including:
a) preparation and carrying of the offer: not applicable,
b) remuneration of sub-issuers: not applicable,
c) preparation of the prospectus (including the advisory costs): not applicable,
d) promotion of the offer: not applicable,
e) other costs (tax of civil law transactions of shares capital’s increasing): PLN 100,000.00 (one hundred).
12. Average cost of conducted subscription attributable to a single share: PLN 0.005 for 1 share.
Signatures:
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.