Notification of change in shareholding

The Management Board of the Company Magna Polonia Spółka Akcyjna (“Company”), acting under Article 70(1) of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, hereby informs that on July 6, 2016, it received a notice from the shareholder Mr Mirosław Janisiewicz about a change in shares and votes held in the Company.

Below there is the content of the notice from Mr Mirosław Janisiewicz:

“Acting under Article 69(2)(1)(a) of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (i.e. Journal of Laws of 2013, item 1382 as amended), hereinafter referred to as the “Act on Offering”, I hereby inform about a reduction in the share I hold in the share capital and the total number of votes in the company Magna Polonia S.A. with its registered office in Warsaw (“Company”) by more than 2% of the total number of votes.

1. 1) Date and type of event resulting in the change in share referred to in the notice: on July 1, 2016, I sold 130,00 shares in the Company The transaction was executed under a block transaction during a trading session of Giełda Papierów Wartościowych S.A. in Warsaw.
2. 2) Number of shares held before the change and their percentage share in the Company’s share capital, and number of votes carried by those shares and their percentage share in the total number of votes: Before the event referred to in point of this notice, I was entitled to 4,232,192 shares in the Company’s share capital, carrying the same number of votes at the General Meeting of the Company and constituting 30.3994% of the Company’s share capital and the total number of votes at the Company’s General Meeting. Moreover, during the period between the last notification and the date of the transaction referred to in point 1 of this notice, I effected a number of transactions that did not result, however, in the obligation to provide information under Article 69 of the Act on Offering.
3. 3) Number of shares currently held and their percentage share in the Company’s share capital, and number of votes carried by those shares and their percentage share in the total number of votes: Currently, after the event referred to in point 1 of this notice and the previous transactions I have effected, I am entitled to 3,945,439 shares in the Company’s share capital, constituting 28,3397% of the Company’s share capital, carrying the same number of votes at the General Meeting of the Company and constituting the same share in the total number of votes at the Company’s General Meeting. At the same time, I inform that at present I am not bound by an oral or written agreement concerning unanimous voting at the General Meeting.
4. 4) Subsidiaries of the notifying shareholder, holding shares in the Company: none;
5. 5) Persons referred to in Article 87(1)(3)(c) of the Act on Offering: none;
   1. 6) Number of votes carried by shares, calculated in the manner specified in Article 69b(2)-(3) of the Act on Offering: none.”
   5.  

      Mirosław Janisiewicz – President of the Management Board

      Edyta Słomska – Proxy
      

       

   6. 6 july 2016