16th Jun 2008 17:57
UNOFFICIAL TRANSLATION
Date: 16 June 2008.
Report 62/2008: Dismissal of the motion for measure for conservation of a claim to overrule the resolutions No. 5, 10 and 23 of the Ordinary Shareholders Meeting of the Bank dated April 23, 2008 on approving the Bank's financial statement for 2007, the distribution of net profit of the Bank for 2007 and allocation of the part of funds from reserve equities to dividend payment, and granting the vote of approval to the Member of Management Board for the fulfillment of his obligations in 2007.
The Management Board of Bank Polska Kasa Opieki S.A. (the "Bank") informs that on June 13, 2008 the Bank received the statement of the Circuit Court in Warsaw, XX Economical Division of June 2, 2008 on dismissal of the Bank shareholder's motion for measure for conservation of a claim to overrule the resolutions No. 5, 10 and 23 of the Ordinary Shareholders Meeting of the Bank on approving the Bank's financial statement for 2007, the distribution of net profit of the Bank for 2007 and allocation of the part of funds from reserve equities to dividend payment, and granting the vote of approval to the Management Board President Jan Krzysztof Bielecki for the fulfillment of his obligations in 2007. Justifying the reasons for dismissing the motion, the Court has indicated that at the present stage of the proceedings the claim of the plaintiff can not be found proven according to par 7301 § 1 code of civil procedure.
The decision is pending appeal. The plaintiff (applicant) has the right to submit a complaint to the Court of Appeal in Warsaw within 7 days from the receipt of the statement.
Simultaneously, we inform that until now the Bank has not received the statement of claim to overrule the Resolutions No. 5, 10 and 23 of the Bank's Ordinary General Meeting of April 23, 2008.
Legal grounds: § 39 sect. 1 p. 6 of the Ordinance of the Minister of Finance on Current and Periodical Information Submitted by the Issuers of Securities.
Related Shares:
BPKD.L