Current report No. 11/2021
Subject: Notification of a shareholder of CORDIA International Ingatlanfejlesztó Zartkóruen Mukódó Reszvenytarsasag about the acquisition of the Company's shares.
Legal basis: Article 70(1) of the Act on Public Offering – acquisition or disposal of a significant block of shares.
The Management Board of POLNORD SA (the "Company") informs that
the Company has received today from CORDIA International
Ingatlanfejlesztó Zartkóruen Mukódó
Reszvenytarsasag based in Budapest ("Cordia") notification pursuant
to art. 69.2.2 and art. 77.7 of the Act of July 29, 2005. on public
offering and conditions for introducing financial instruments to
organized trading and on public companies, on an increase by Cordia
in the shareholding of the Company's shares by at least 1% of the
previous number of votes in the Company.
The increase in the total number of votes in the Company resulted from the acquisition of shares by Cordia in connection with the settlement on February 23, 2021 of a compulsory buyout of the Company's shares, announced by an intermediary entity in the forced buyout, i.e. Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna Oddział - Biuro Maklerskie in Warsaw on February 18, 2021.
Prior to the change in the share, Cordia held 93,916,449 shares, representing 96.28% of the Company's share capital and 96.28% of the total number of votes in the Company. However, after the change, Cordia holds 97,543,127 shares, representing 100 % of the Company's share capital and 100 % of the total number of votes in the Company.
The full text of this notification is attached to this report.
SIGNATURES OF THE COMPANY’S REPRESENTATIVES
2021-02-26 Michał Melaniuk - President of the Management Board
2021-02-26 Péter Bódis - Member of the Management Board
2021-02-26 Marcin Gomoła - Member of the Management Board