Ciech

Szukaj
WCAG A A A

CURRENT REPORTS

Information about the transaction of acquisition of shares in CIECH S.A. by a person who has access to confidential information

Current report no : 64/2014
Report date : 9/25/2014
Abbreviated name : Ciech SA
Subject : Information about the transaction of acquisition of shares in CIECH S.A. by a person who has access to confidential information
Legal basis : Art. 160 section 4 of the Act on Trade (…) - information about transactions of persons who have access to confidential information

Report : 

The Management Board of CIECH S.A. in Warsaw ("the Issuer", "the Company") announces that on 25 September 2014 it received a notice drawn-up on the basis of Art. 160 section 1 of the Act of 29 July 2005 on Trade in Financial Instruments, in connection with the acquisition of the Issuer's shares by a person serving managerial functions in the organizational structure of the Issuer and having a regular access to confidential information, as well as competence with regard to taking decisions concerning the development and economic prospects of the Issuer.

Pursuant to § 3 section 1 of the Regulation of the Minister of Finance of 15 November 2005 regarding transfer and disclosure of information about certain transactions in financial instruments and rules of preparation and keeping of a list of persons having access to certain confidential information (hereinafter: "the Regulation"), the Issuer provides the following information obtained from the obliged party:

  1. Legal ties of the person obliged to provide information: the serving of a managerial function in the organizational structure of the Issuer, having a regular access to confidential information;
  2. Description of the transaction: purchase of 175 shares of the Issuer at the price of PLN 39.00, effected on 19 September 2014, as part of a transaction in the regulated market of the Stock Exchange in Warsaw.
  3. In consequence of the above transaction, the aggregate value of all transactions so far of acquisition of the shares of the Issuer exceeded the value of EUR 5,000, calculated according to the average exchange rate announced by the National Bank of Poland, binding on the date of transaction. 

In addition, the Company announces that according to § 3 section 2 of the Regulation, the person obliged to provide information did not grant its consent to the transfer of the data specified in § 2 section 1 point 1 of the Regulation.

Legal basis: Art. 160 section 4, with reference to Art. 160 section 1 point 2) of the Law of 29 July 2005 on Trade in Financial Instruments (Journal of Laws of 2014, item 94) and § 3 section 1 of the Regulation.

Signatures of the Company’s Representatives : Dariusz Krawczyk – President of the Management Board 


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