25th Nov 2008 17:54
UNOFFICIAL TRANSLATION
November 18, 2008
Report 98/2008: Sale of stakes of Centrum Usług Księgowych Ltd.
The Management Board of Bank Polska Kasa Opieki S.A. ("Bank") informs that on 18th of November 2008, Bank sold in favour of Company Korycka, Budziak & Audytorzy Ltd. located in Warsaw (Buyer), 100 (one hundred) stakes of Centrum Usług Księgowych Ltd. (Company) with the total nominal value of PLN 50.000 (fifty thousand), summing up to 100.00% of the Company`s stake capital and representing 100% of the votes on the Stakeholders Meeting of the Company.
It was a long-term investment. The sale price of the Company stakes is PLN 105,000 (one hundred five thousand). Book value of the stakes in the balance sheet of the Bank is PLN 50,000 (fifty thousand).
Buyer has the right to partial price refund in case of same circumstances described in the agreement appear. Nevertheless the sale price can not be lower than PLN 60,000 (sixty thousand).
Legal basis:
Section 5 subsection 1 clause 1 in connection with section 2 subsection 5 of the Ordinance of the Minister of Finance, dated 19 October 2005 re: current and periodical information submitted by the issuers of securities
Related Shares:
BPKD.L