Current report no : 25/2013
Report date : 6/27/2013
Abbreviated name : CIECH
Subject : Reduction of the share capital and redemption of shares
Legal basis : §5 subpar.1 item 9 and §15 and §5 subpar. 1 item 12 and §18 of the Regulation of the Minister of Finance of 19th February 2009 on current and periodic information delivered by issuers of securities and on conditions of recognition of information required
Report :
The Management Board of CIECH S.A. (“Issuer”, “Company”) informs hereby that today it has received a decision of the District Court for the capital city of Warsaw XIII Commercial Division of the National Court Register on an amendment to the entry in the Register of Entrepreneurs on the amount of the share capital and a number of the Company shares made on 21st June 2013, in connection with the decision on redemption of the Company shares.
The redemption of shares and reduction of the share capital of the Company was executed on the grounds of the Resolution No 30 of the Ordinary General Meeting of CIECH S.A. of 22nd May 2013 (see: the current report No 17/2013).
Under §1 subpar. 5 of the Resolution No 30 of the Ordinary General Meeting of CIECH S.A. of 22nd May 2013 upon registration of the amendment (reduction) to the amount of the share capital there was the redemption of 2 (two) ordinary registered series F shares of the Company of the par value PLN 5,00 each, acquired by the Company to be redeemed on the grounds of the Resolution No 29 of the Ordinary General Meeting of CIECH S.A. of 22nd May 2013 on granting a consent to acquiring of its own shares by the Company in order to redeem them, which the Issuer informed about in the current report No 19/2013 of 22nd May 2013.
The redeemed shares correspond to 2 (two) votes at a general meeting of the Company and are less than 0,01% of a general number of votes at the general meeting of the Company.
The shares were redeemed within a voluntary redemption.
The shares were redeemed for a consideration of 20,00 (twenty) zlotys for one share. Thus, a total consideration, the Shareholder is entitled to, amounted 40,00 (forty) zlotys.
The share capital of the Company, after registration of the reduction of the share capital and redemption of the shares, amounts to 263.500.965 zlotys and is divided into 52.699.909 shares, in this:
of the par value 5 (five) zlotys each.
The total number of votes at the general meeting of the Company is 52.699.909.
Signatures of the Company’s Representatives : Dariusz Krawczyk – President of the Management Board
