Current reports
Current report no. 22/2014
Notification on transactions by persons having access to inside information
Legal basis:
Article 160 (4) of the Act on trading – information on transactions by persons having access to inside information
Contents of the report:
Zespół Elektrowni Pątnów-Adamów-Konin S.A. (The "Company") announces that on 5 June 2014, the Company received from the Chairman of the Supervisory Board of the Company, Mr. Zygmunt Solorz-Żak, a notice of conclusion, by the persons closely connected with him, of the transactions related to shares of the Company as follows:
"According to the performance of my function of the Chairman of the Supervisory Board of the Zespół Elektrowni “Pątnów–Adamów–Konin” S.A., (the "Company"), acting in accordance with Article 160 paragraph 1 point 1 in connection with Article 160 paragraph 2 (4) ( b) of the Act of 29 July 2005 on trading of financial instruments (i.e. Journal of Laws of 2014, No. 94 "Act on Trading"), I hereby notify of the transactions related to the Company's shares that were concluded between the companies Embud Sp. z o.o. with registered office in Warsaw ("Embud") and Anokymma Limited with the registered office in Nicosia, Cyprus ("Anokymma"), which are closely connected with me within the meaning of the Article 160 paragraph 2 point (4) ( b) of the Act on Trading.
On 31.05.2014, Embud and Anokymma entered into the over-the-counter transactions related to the Company's shares, as a result of which Anokymma acquired from Embud a total of 3 483 208 shares of the Company, representing 6,85% of the initial capital of the Company, entitling to exercise 3 483 208 votes at the General Meeting of the Company, representing 6,85% of the total number of votes in the Company (the "Transaction"), in which:
- 3 320 940 (say: three million three hundred and twenty thousand nine hundred and forty) shares were acquired by Anokymma in the performance of the agreement related to repayment of the debt by Embud by transfer to Anokymma ownership of the Company's shares on the basis of the agreement concluded on 29 May 2014 (pursuant to Article 452 of the Civil Code);
- 162 268 (say: one hundred sixty-two thousand two hundred sixty-eight) shares were acquired by Anokymma on the basis of the sale transaction.
The transfer of shares between Embud and Anokymma occurred using the price per one Company's share of PLN 25,0558.
As a result of the Transaction, the total number of votes in the Company owned by me indirectly did not change. However, the information about the people closely connected with me, within the meaning of Article 160 paragraph 2 point (4) (b) of the Act on Trading, who directly hold shares of the Company, changed.
Before concluding the Transaction, I indirectly had a total of 26 200 867 ordinary shares of the Company, representing 51,55% of the initial capital of the Company, entitling to exercise 26 200 867 votes at the General Meeting of the Company, representing 51,55% of the total number of votes in the Company, which consisted of: (a) 196 560 ordinary shares of the Company, representing 0,39% of the initial capital of the Company, entitling to exercise 196 560 votes at the General Meeting of the Company, representing the total number of votes in the Company held by Elektrim S.A. (b) 5 809 231 ordinary shares of the Company, representing 11,43% of the initial capital of the Company, entitling to exercise 5 809 231 votes at the General Meeting of the Company, representing 11,43% of the total number of votes in the Company held by Embud, and (c) 20 195 076 ordinary shares of the Company, representing 39,73% of the initial capital of the Company, entitling to exercise 20 195 076 votes at the General Meeting of the Company representing 39,73% of the total number of votes in the Company held by Polsat Media B.V.
At present, after concluding the Transaction, I indirectly have the same number of the Company's shares, i.e. 26 200 867 ordinary shares of the Company, representing 51,55% of the initial capital of the Company, entitling to exercise 26 200 867 votes at the General Meeting of the Company, representing 51,55% of the total number of votes in the Company, which consisted of: (a) 196 560 ordinary shares of the Company, representing 0,39% of the initial capital of the Company, entitling to exercise 196 560 votes at the General Meeting of the Company, representing 0,39% of the total number of votes in the Company held by Elektrim S.A. (b) 2 326 023 ordinary shares of the Company, representing 4,58% of the initial capital of the Company, entitling to exercise 2 326 023 votes at the General Meeting of the Company, representing 4,58% of the total number of votes in the Company held by Embud, (c) 3 483 208 ordinary shares of the Company, representing 6,85% of the initial capital of the Company, entitling to exercise 3 483 208 votes at the General Meeting of the Company, representing 6,85% of the total number of votes in the Company held by Anokymma, and (d) 20 195 076 ordinary shares of the Company, representing 39,73% of the initial capital of the Company, entitling to exercise 20 195 076 votes at the General Meeting of the Company representing 39,73% of the total number of votes in the Company held by Polsat Media B.V.
Apart from the above mentioned entities, there are no other subsidiaries having shares of the Company.
I hereby consent to the transfer of the personal data by the Company in performance of the liability referred to in Article 160 paragraph 4 of the Act on Trading".
Legal basis: Article 160 paragraph 4 of the Act of 29 July 2005 on trading in financial instruments.
Signatures of persons representing the company:
Katarzyna Muszkat - President of the Management Board
Piotr Jarosz – Vice President of the Management Board