Home page Investor relations Current reports Notification of exceeding the threshold of 15% of the total number of votes at the General Meeting of PROCHEM S.A.

Date of publication: 14.10.2016

The Management Board of PROCHEM S.A. announces that on 13 October 2016, received from the Company’s shareholder, Mr. Steven Tappan notification of exceeding the threshold of 15% of votes in the total number of votes in the PROCHEM S.A.

Exceeding the threshold of 15% of the total number of votes in the PROCHEM S.A. occurred upon the acquisition on 7 October 2016 during the trading session and in the framework of OTC block trades total of 133 176 shares of the Company.

Prior to the change in shareholding, Mr. Steven Tappan have had a total of 581 824 shares of PROCHEM S.A., which constituted 14.94% of the share capital and entitling to 581 824 votes and constituting 14.93% of the total number of votes at the General Meeting of the Company.

After the change in share, Mr. Steven Tappan has a total of 715 000 shares of PROCHEM S.A., which represent 18.36% of the share capital and entitling to 715 000 votes, what represents 18.35% of the total number of votes at the Company’s General Meeting.

There are no subsidiaries of the notifying shareholder who hold shares of PROCHEM S.A., and there are no persons referred to in art. 87 sec. 1 item 3 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies.

The shareholder also does not have the financial instruments referred to in Art. 69b section 1 of above Act, and does not have the votes referred to in Art. 69b section 2 and 3 of above Act.