17 Dec 2019 13:36
UNOFFICIAL TRANSLATION
17.12.2019 - Report 36/2019: UniCredit notification on reducing the share of UniCredit below the threshold of 5% of the total number of votes in the Bank as a results of expiry date and mandatory settlement of UniCredit secured equity linked certificates related to the shares of the Bank
Bank Polska Kasa Opieki Spółka Akcyjna ("Bank") hereby informs that on December 16, 2019 it received a Notification from UniCredit SpA ("UniCredit") on reducing the share of UniCredit below the threshold of 5% of the total number of votes in the Bank ("Notification").
According to the Notification, on December 16, 2019, as a result of the expiry date and mandatory settlement of UniCredit secured equity linked certificates related to the shares of Bank, the UniCredit disposed 16,430,000 of the Bank's shares to the holders of the certificates. The issuance of the above mentioned certificates by UniCredit was announced by the Bank in current report No. 31/2016 dated on December 8, 2016.
Before the change in the share, UniCredit held 16,430,000 shares and votes in the Bank representing 6.26% of the Bank's share capital and the total number of votes in the Bank.
After the change described above, the number of shares and votes held by UniCredit in the Bank was 0, which constituted 0.0% of the Bank's share capital and the total number of votes in the Bank.
In addition, according to the Notification, UniCredit had no subsidiaries that hold shares of the Bank, nor had the voting rights attached to such Bank's shares been transferred to any person, as referred to in article 87 section 1 point 3 letter c) of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies ("Offer Act"). Additionally, according to the Notification, UniCredit did not hold any financial instruments referred to in article 69b of the Offer Act, that are linked to any Bank's shares.
Legal basis: art. 70 point 1 of the Act of July 29th, 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies