The Management Board of Globe Trade Center S.A. ("Company") hereby informs that on 20 December 2019, it received a notification from Powszechne Towarzystwo Emerytalne PZU SA (PTE PZU S.A.) acting on behalf of Otwarty Fundusz Emerytalny PZU "Złota Jesień" (OFE PZU) stating that on 19 December 2019 the share of OFE PZU in the total number of votes in the Company has decreased and fallen below the 10% threshold of the total number of votes . The change was due to settlement of the sale transaction of 5 500 shares of the Company (ISIN PLGTC0000037), concluded on 17 December 2019 on the Warsaw Stock Exchange.
The number of shares and votes held in the Company before and after the sale transaction is presented in the following table:
|
Number of shares held |
Percentage share in capital |
Number of votes held |
Percentage share in number of votes held |
|
|
Before the transaction |
48 560 669 |
10.0011% |
48 560 669 |
10.0011% |
|
After the transaction |
48 555 169 |
9.9999% |
48 555 169 |
9.9999% |
OFE PZU has also notified that:
- It does not have subsidiaries which hold shares in the Company,
- A situation referred to Article 69 section 4 point 6 of the Polish Act on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organised Trading, and on Public Companies of 29 July 2005 does not take place,
- It does not hold financial instruments referred to Article 69b section 1 point 1 and 2 of the act mention above.
Additionally, the management board of the Company informes that due to the above mentioned, on 20 December 2019, i.e. on the date of receipt of the Notification, the mandate of Ryszard Koper as a Supervisory Board expired pursuant to Article 9 point 2 of the Company’s Articles of Association.
A legal basis: § 70 point 1 of the Polish Act on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organised Trading, and on Public Companies of 29July 2005 and § 5 point 4 of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic disclosures by issuers of securities and the conditions forrecognising as equivalent the information that is required by the laws of a non-member state.
