Acquisition by PROCHEM S.A. own shares for redemption

Date of publication: 26.08.2021

The Management Board of PROCHEM S.A. with its registered office in Warsaw (hereinafter referred to as the “Company”) informs that as a result of the settlement, on August 25, 2021, of the share purchase transaction, the Company acquired a total of 580,000 (say: five hundred and eighty thousand) of its own shares, with a nominal value of 1, PLN 00 each share, which together constitute 19.76% of the share capital of the Company.
These shares correspond to 580,000 votes at the General Meeting of the Company, which is 19.75% of votes at the General Meeting of the Company.
The purchase price was PLN 26.00 (say: twenty-six Zlotys) per one share.

The shares were acquired under the invitation to submit offers for sale, announced by the Company on August 5, 2021 (current report No. 13/2021 of August 5, 2021), of no more than 580,000 shares with a nominal value of PLN 1.00.

The offer was announced pursuant to the resolution no.20 of the Ordinary General Meeting of the Company of June 24, 2021 regarding the consent to the acquisition by PROCHEM S.A. own shares for the purpose of their redemption and in the matter of granting authorization to acquire own shares of PROCHEM S.A.

The shares were acquired outside the regulated market, through mBank S.A. based in Warsaw.

The shares were purchased for redemption. Pursuant to § 2 of the resolution no. 20 of the Ordinary General Meeting of PROCHEM S.A. of June 24, 2021, the Management Board of the Company will submit to the agenda of the next General Meeting of the Company a resolution on the redemption of the acquired own shares,

The Management Board informs that as at the date of publication of this report, the Company holds a total of 580,000 own shares, constituting 19.76% of the share capital of the Company. These shares correspond to 580,000 votes at the General Meeting of the Company, which is 19.75% of votes at the General Meeting of the Company.