BPKD.L Regulatory News (BPKD)

UNOFFICIAL TRANSLATION

18.07.2016 - Report 17/2016: Decrease of UniCredit S.p.A.'s share in capital of Bank Polska Kasa Opieki S.A., resulting in the decrease of votes at the General Meeting of Shareholders of the Bank to 40.10%

The Management Board of Bank Polska Kasa Opieki Spółka Akcyjna ("Bank"), in accordance with Article 70 point 1) of the Act on Public Offering informs, that on 18th July, 2016 received the notification from UniCredit S.p.A. ("UniCredit") conducted in accordance with Article 69 section 1 of the Act on Public Offering. According to notification, UniCredit as a results of the execution on July 13, 2016 of the block trades concluded as a results of the accelerated book-building process, sold 26.247.003 shares of Bank. The transactions were settled on 15th July, 2016.

Prior to the disposal, the UniCredit owned 131.497.488 shares in the Bank, constituting 50.10% of capital share of Bank and corresponding to the same number and percentage share of votes at the General Meeting of the Bank.

Currently, the UniCredit holds 105.250.485 shares in Bank, constituting 40.10% of capital share of Bank and corresponding to the same number and percentage share of votes at the General Meeting of the Bank.

UniCredit neither possesses any subsidiaries which hold shares of Bank nor is the party to any arrangement on transfer of the right to exercise voting rights from such shares, referred to in Article 87 Section 1 point 3 letter c) of the Act.

Legal basis:

Article 70 point 1) of the Act of July 29, 2005 on Public Offering and Conditions Governing the Introduction of Financial Instruments to an Organized System of Trading, and on Public Companies (Dz. U. No. 184, Item 1539)