28th Dec 2006 15:53
Bank Pekao SA28 December 2006 UNOFFICIAL TRANSLATION (28th December, 2006) Report 113/2006: Sale of significant assets by Bank's subsidiary The Management Board of Bank Polska Kasa Opieki S.A. ("Bank") hereby informsthat on 28 December 2006, Pekao Fundusz Kapita(3)owy Sp. z o.o. ("PFK",subsidiary of the Bank) divested of to Meblomor S.A. seated in Czarnkow, 75Kooeciuszki Street, 64 - 700 Czarnkow ("Meblomor"), 44,768 shares of Meblomorwith the par value of PLN 10 (say: ten 00/100) each share, and comprising a23,81% stake in the Company's share capital, and carrying 23,81% of votes on theGeneral Meeting of Meblomor for the price amounting in total PLN 1.287.080 (say:PLN one million two hundred eighty seven thousand eighty). Meblomor has acquiredabove-mentioned shares for their redemption. The net book value of the sold share in Meblomor is equal to PLN 1.287.080 (say:PLN one million two hundred eighty seven thousand eighty). Sold assets had thecharacter of long-term investment. In the result of this transaction, PFK and the Bank indirectly does not have anyshare in Meblomor company. The information is submitted as the divested by PFK shares portfolio constitutesmore than 20% of share capital of sold company, which shares were PFK'sfinancial assets and representing the financial assets of substantial value inthe meaning of the below mentioned regulation. Legal basis: Section 5 subsection 1 clause 1 in connection with section 2 subsection 5 of theOrdinance of the Minister of Finance, dated 19 October 2005 re: current andperiodical information submitted by the issuers of securities This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BPKD.L