Registration of amendments to the Statutes of the Company – reduction of the share capital

Date of publication: 11.08.2022

The Management Board of PROCHEM S.A. with its seat in Warsaw (hereinafter referred to as the “Issuer”), informs that on August 10, 2022 was received a decision of the District Court for the Capital City of Warsaw in Warsaw, XIVth Commercial Division of the National Court Register, on making an entry in the National Court Register of the Issuer.
On August 9, 2022, the Court registered the amendments to the Company’s Statute resulting from the resolutions of the Ordinary General Meeting of June 27, 2022, in accordance with the Issuer’s request.

The Issuer informs that pursuant to the Resolutions of the above -mentioned Ordinary General Meeting of Shareholders of the Issuer, the Court registered the reduction of the Company’s share capital from the amount of PLN 2,935,000.00 to the amount of PLN 2,355,000.00, i.e. by PLN 580,000 by way of redemption of the 580,000 Company’s shares with a nominal value of 1, PLN 00 each, corresponding to 580,000 votes.
The share capital of the Company currently amounts to PLN 2,355,000.00 and is divided into 2,355,000 shares with a nominal value of PLN 1.00 each share, in total giving the right to 2,356,160 votes.

Below, the Issuer presents the content of the amended provisions of the Company’s Statute, in the wording established by the Ordinary General Meeting of Shareholders on June 27, 2022 (Resolution No. 21).:
§ 7
The company’s share capital amounts to PLN 2,355,000 (two million three hundred fifty five thousand) and is divided into 2,355,000 shares with a nominal value of PLN 1.00 (one Zloty) each, including:
a) 1,817,500 (one million eight hundred seventeen thousand five hundred) founding shares issued in the form of inscribed shares,
b) 537,500 (five hundred and thirty seven thousand five hundred ) series B shares issued as inscribed shares.

Attached to this report, the Issuer also provides the current consolidated text of the Company’s Articles of Association (download file).