The Management Board of Globe Trade Centre S.A. ("GTC" or "the Company") hereby announces that on 15 June 2015 it received a notification from Aviva OFE Aviva BZ WBK (the "Fund") that following sale of shares of Globe Trade Centre SA in a response to a tender for the Company's shares, made on 9 June 2015 the Fund decreased its share in the total number of votes in the Company below 10%.
Based on the information provided in the notification, as a result of above mentioned transaction settled on 10 June 2015, the balance of the securities account of the Fund shows 25,131,986 shares of the Company which constitute 7.15% of the total number of votes at the Company’s general meeting and 7.15% of the share capital of the Company.
Prior to the sale of the shares, the Fund held 35,131,986 shares in the Company which constituted 10.0003% of the total number of votes at the Company’s general meeting and 10.0003% of the share capital of the Company.
Moreover the Fund informed that it does not exclude possibility of further increasing its share in the total number of votes in the Company within 12 months from the date of the Notification in order to maximize the safety and the profitability of deposits of opened pension fund. Simultaneously, the Found informed that pursuant to the act on the organization and functioning of pension funds and detailed provisions of this act, the Fund cannot increase its share in the number of votes in the Company above 20%. Fund also does not exclude possibility of further disposal of Company’s shares in case of an appropriate increase of value, or the risk of investment.
Following the decrease by the Fund in the total number of votes below 10%, according to Art. 7 paragraph. 7.1.5 Articles of Association, the mandate of Mr. Tomasz Mazurczak acting as a supervisory board member in GTC automatically expired on 10 June 2015 year.
