NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, OR INTO, THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY BE SUBJECT TO RESTRICTIONS OR PROHIBITED BY LAW.
The Management Board of Globe Trade Centre S.A. (the “Company”) hereby announces that pursuant to the information received from the National Depository of Securities (Krajowy Depozyt Papierów Wartościowych) regarding the results of the subscription for the offered 108,906,190 (one hundred and eight million, nine hundred and six thousand, one hundred and ninety) ordinary series K bearer shares in the Company with a nominal value of PLN 0.10 (ten groszy) each, issued pursuant to resolution No. 3 of the extraordinary general meeting of the Company dated 30 June 2015 (the “Issue Resolution”) (the “Series K Shares”), during the subscription period, i.e. between 14 and 21 September 2015, the exercise of the pre-emptive rights resulted in 1,095 principal subscriptions for 107,874,581 Series K Shares. Simultaneously, 145 instructions for additional subscriptions were issued for 38,353,154 Series K Shares. The level of reduction of the additional subscriptions for the Series K Shares amounted to 97.31%.
Investors placed valid subscriptions and paid for 146,227,735 shares. As a result, in accordance with the offering timetable set out in the Company’s prospectus approved by the Polish Financial Supervision Authority on 4 September 2015 (as amended by update communications (komunikaty aktualizujące) No. 1 dated 4 September 2015 and No. 2 dated 28 September 2015) and in connection with the Issue Resolution, on 30 September 2015 108,906,190 (one hundred and eight million, nine hundred and six thousand, one hundred and ninety) Series K Shares were allocated.
Thus, the Management Board of the Company hereby informs that the issue of the Series K Shares has been successfully executed.
The material set forth herein constitutes the fulfillment of the applicable disclosure obligations of Globe Trade Centre S.A. (the “Company”) is subject to, for information and promotional purposes only and under no circumstances shall constitute the basis for any decision to invest in the securities of the Company. The prospectus (the “Prospectus”) prepared in connection with the public offering of the Company’s securities in Poland (as well as the seeking of the admission and introduction thereof to trading on the main market of the Warsaw Stock Exchange) is the sole legally binding offering document containing information on the Company and the offering of the Company’s securities in Poland. The Prospectus was approved by the Polish Financial Supervision Commission, will be published and may be obtained from the website of the Company (www.gtc.com.pl) and, in addition, for informational purposes only, on the websites of Powszechna Kasa Oszczędności Bank Polski S.A. Oddział – Dom Maklerski PKO Banku Polskiego w Warszawie (www.dm.pkobp.pl) and Ipopema Securities S.A. (www.ipopemasecurities.pl).
The material set forth herein is for informational and promotional purposes only and does not constitute an offer of securities for sale in the United States or in any other jurisdiction. The Company’s securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the laws of any state, and may only be offered or sold within the United States under an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state laws. No public offering of the Company’s securities will be made in the United States.
It may be unlawful to distribute this document in certain jurisdictions. In particular this document is not for distribution in Canada, Japan or Australia. The information contained in this document does not constitute an offer of securities for sale.
Legal basis: Article 56 section 1 item 2 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading and on Public Companies dated 29 July 2005.