Current report 15/2016

First tranche of the share buy-back – results


The Management Board of MAGNA POLONIA Spółka Akcyjna (“Company”), acting under Article 56(1)(1) of the Act on Public Offering, hereby informs about results of accepting share sale offers made by shareholders as part of the first tranche of the share buy-back programme of the Company. The offers were accepted on April 13-22, 2016.

The Company’s shareholders made sale offers for the total number of 2,076,818 shares of the Company. Given the number of shares being purchased by the Company under the first tranche of the share buy-back (that is 180,000 shares), the rate of reduction in subscriptions amounted to 91.33% on average, which means the allocation of shares was at the level of 8.67%.

According to information held by the Company, agreements on the sale of shares will be concluded on April 27, 2016, and Depozyt Papierów Wartościowych S.A. will register the transactions on the same day.


Mirosław Janisiewicz – President of the Management Board

Tom Ruhan – Vice-President of the Management Board



26 april 2016