17th Nov 2008 07:00
UNOFFICIAL TRANSLATION
(November 14, 2008)
Report 97/2008: The sale of Banks Own Series I Shares
Bank Polska Kasa Opieki SA informs, that on November 13, 2008, has sold in the series of stock exchange transactions 5010 pieces of its own shares of series I at a total gross amount 560 790.90 zł. The average sell price was equal to 111.93 zł per one share. The nominal value of each of sold shares series I was equal to 1 zł.
The shares sold constituted 0.0019% of the share capital of Bank and represented 0.0019% votes at the General Meeting.
Bank purchased Bank's own shares issued in connection with the Spin-off of Bank BPH S.A. The Spin-off was performed on 29th of November, 2007.
The sale of the subject-matter shares was performed based on §5 point 7 of the resolution no 4 of Extraordinary General Meeting of Bank of April 27, 2007 which authorised and obligated the Bank 's Management Board to divest these shares to persons selected thereby as well as on Article 363 §4 of the Code of Commercial Companies stating that the acquired own shares of the Company should be divested within one year from the acquisition date, i.e. till 29 of November, 2008.
Legal base: §5 part 1 point 6 of the Regulation of the Finance Minister from October 19, 2005, concerning current and periodic information provided by issuers of securities
Related Shares:
BPKD.L