3/2017: Successful issue of Series I shares and increase of Company’s share capital

3/2017: Successful issue of Series I shares and increase of Company's share capital

2017-01-25

The Management Board of PBG S.A. (the 'Company', 'PBG') reports that on January 25th 2017, in performance of Resolution No. 2 of the Extraordinary General Meeting of July 31st 2015 on conditional increase of the Company's share capital through the issue of Series I ordinary bearer shares, with the pre-emptive rights of the Company's existing shareholders waived in full, on the issue of Series A subscription warrants, with the pre-emptive rights of the Company's existing shareholders waived in full, and on amending the Company's Articles of Association ('Resolution No. 2') (published in Current Report No. 24/2015 of July 31st 2015), amended by Resolution No. 2 of the Extraordinary General Meeting of January 16th 2017 to amend Resolution No. 2 of the Extraordinary General Meeting of July 31st 2015 (the 'Amending Resolution') (published in Current Report No. 1/2017 of January 16th 2017), adopted in connection with the Arrangement made between the Company and its Creditors:

i) Mr Jerzy Wiśniewski acquired 45,000,000 (forty-five million) Subscription Warrants and on January 25th 2017, pursuant to Resolution No. 2 and the Amending Resolution, having exercised the rights attached to 6,459,105 (six million, four hundred and fifty-nine thousand, one hundred and five) Subscription Warrants, acquired 6,459,105 (six million, four hundred and fifty-nine thousand, one hundred and five) Series I Shares,

ii) the cash contribution to cover the issue price of the acquired 6,459,105 (six million, four hundred and fifty-nine thousand, one hundred and five) Series I Shares was made in full in accordance with the Arrangement through a set-off of the Company's and Mr Jerzy Wiśniewski's mutual claims,

iii) on January 25th 2017 the Company delivered to Mr Jerzy Wiśniewski the share certificates concerning the acquired 6,459,105 (six million, four hundred and fifty-nine thousand, one hundred and five) Series I Shares.

As a result, in line with the Arrangement Mr Jerzy Wiśniewski's share in the Company's share capital reached 23.61%.

Pliki:

current report 3/2017 (.pdf - 43,87 kB)

Articles od Association 25.01.2017 (.pdf - 193,22 kB)