The management board of Globe Trade Centre S.A. (the “Company”) hereby announces that on 22 November 2013 it received notifications on exceeding the threshold of 25% of the total number of votes in the Company from:
(i) LSF7 Lux Investments IX S.à.r.l., with its registered seat in Luxembourg at 7 Rue Robert Stümper, L-2557 Luksemburg, registered under No. B 177929), submitted pursuant to Article 69a section 1 point 3 of the Act on Public Offering; and
(ii) Emerging Investments XIII B.V. with its registered seat in Amsterdam, the Netherlands, at Claude Debussylaan 30 (13th floor), Vinoly Building, 1082 MD Amsterdam, registered under No. 58287418, submitted pursuant to Article 69 section 1 point 1 of the Act on Public Offering.
In the Notifications, the Notifying Parties indicated that:
(i) On 21 November 2013, as a result of an in-kind contribution made by GTC Real Estate Holding B.V., with its seat in Amsterdam, the Netherlands (“GTC RE”) for the benefit of Emerging Investments XIII B.V., Emerging Investments XIII B.V. acquired 88,635,914 ordinary shares in the Company, which jointly constitute 27.75% of the share capital of the Company and entitle Emerging Investments XIII B.V. to cast 88,635,914 votes at the general meeting of the Company, jointly constituting 27.75% of the total number of votes. In its notification LSF7 Lux Investments IX S.à.r.l. indicated additionally that on 21 November 2013, GTC RE and the LSF7 Lux Investments IX S.à.r.l. entered into the sale and purchase agreement regarding all the issued shares of Emerging Investments XIII B.V. As a result of this transaction LSF7 Lux Investments IX S.à.r.l. indirectly acquired 88,635,914 ordinary shares in the Company which jointly constitute 27.75% of the share capital of the Company and entitle 88,635,914 votes to be cast at the general meeting of the Company, jointly constituting 27.75% of the total vote number of votes in the Company.
(ii) Prior to the abovementioned event, neither of the notifying parties held, directly or indirectly, any shares in the Company.
(iii) LSF7 Lux Investments IX S.à.r.l. does not rule out the possibility of increasing its stake in the Company, and Emerging Investments XIII B.V.does not intend to increase its stake in the company, within a period of 12 months following the date of this notifications.
(iv) Emerging Investments XIII B.V. is the only subsidiary of LSF7 Lux Investments IX S.à.r.l. holding shares in the Company and Emerging Investments XIII B.V. does not have subsidiaries which hold shares in the Company.
(v) With respect to both notifying parties there are no persons referred to in Article 87 section 1 point 3 letter c of the Act on Public Offering.
Legal basis: Art. 70 section 1 of the Polish Act on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies of 29 July 2005 (amended and restated: Journal of Laws of 2009, No. 185, item 1439, as amended).