Acquisition of the Company’s own shares
The Management Board of MAGNA POLONIA Spółka Akcyjna (“Company”), acting under Article 56(1)(2) of the Act on Public Offering, as well as Section 5(1)(6) and Section 12 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities and conditions for recognition as equivalent of information required by laws of a non-Member State, hereby informs about the acquisition, on April 27, 2016, of 180,000 (one hundred eighty thousand) own shares in total.
The shares were acquired as part of the first tranche of the share buy-back programme announced by the Company (the Company informed about the programme and its first tranche in current reports 11/2016 and 12/2016 of April 4, 2016).
The shares were acquired in over-the-counter transactions concluded through a brokerage house (Bank Zachodni WBK S.A.) and accounted for by KDPW S.A. on April 27, 2016.
Pursuant to the assumptions of the share buy-back programme, the shares were acquired for the purpose of redemption. All the shares under the first tranche of the programme were purchased at the same price, i.e. for PLN 2.60 (two zlotys and sixty groszes) per share.
The nominal value of the Company’s shares is PLN 1.00 (one zloty); therefore, the total nominal value of 180,000 shares is PLN 180,000.00 (one hundred eighty thousand zlotys). The acquired own shares carry 180,000 (one hundred eighty thousand) votes at the general meeting of the Company. It constitutes 1.29% (one point twenty-nine percent) of the Company’s share capital and the total number of votes in the Company.
In total, the Company holds 180,000 (one hundred eighty thousand) own shares that carry 180,000 (one hundred eighty thousand) votes at the general meeting of the Company. Own shares held by the Company constitute 1.29% (one point twenty-nine percent) of the Company’s share capital and the total number of votes in the Company.
Mirosław Janisiewicz – President of the Management Board
Tom Ruhan – Vice-President of the Management Board
27 april 2016