19th Dec 2007 18:04
Bank Pekao SA19 December 2007 UNOFFICIAL TRANSLATION (19 December, 2007) Report 125/2007: Acquisition of the Spin-off Issue Shares by Bank Pekao The Management Board of Bank Polska Kasa Opieki S.A. ("Bank Pekao") informs thaton December 18, 2007 the 5,010 Spin-off Issue Shares, having the nominal value 1(one) each, were recorded in Bank Pekao's securities account. These shares werenot allocated to Bank BPH shareholders as a result of applying the principles ofallotting the Spin-off Issue Shares, in particular owing to the Share AllocationRatio 1,3.3 and the principle that only integer of shares may be allotted toBank BPH shareholders. The Management Board of Bank Pekao has been authorized byResolution No 4 Extraordinary General Meeting of the Bank Pekao dated April 27,2007 to dispose of these shares to buyers of its choice. The value of one Spin-off Issue Share established for the purpose of theSupplementary Cash Payments amounts to PLN 256.69. The value of one Spin-offIssue Share established for the purpose of the Supplementary Cash Payments isequal to the average market price of the Bank shares from 30 quotation dayspreceding the Reference Day, which is 7th of December 2007, i.e. for the periodfrom 25th October 2007 to 6th December 2007. Spin-off Issue Shares acquired by Bank Pekao in way described above constitutes0.0019% of the Banks Pekao capital shares. Bank Pekao cannot exercise votingrights attached to these shares. Legal basis: Par. 5 section 1, clause 1of the Ordinance of the Minister ofFinance on Current and Periodical Information Submitted by the Issuers ofSecurities of 19 October 2005. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BPKD.L