Notification of a change in the share held so far by at least 2% of the total number of votes at the General Meeting of PROCHEM S.A.

Date of publication:05.01.2018

PROCHEM S.A. Management Board (hereinafter referred to as “Issuer”, “Company”) informs that on January 5, 2018, received from the shareholder of the company, Mr. Steven Tappan, a notification of a change in the share owned so far by at least 2% of the total number of votes at the Issuer’s General Meeting.
The change took place as a result of the acquisition on January 4, 2018 of 100,000 shares entitling to 100,000 votes, constituting 2.57% of the total number of votes at the General Meeting of the Company.

Before the change, Mr. Steven Tappan held a total of 830,060 shares in PROCHEM S.A., which represented 21.31% of the share capital and entitled to 830,060 votes, representing 21.30% of the total number of votes at the General Meeting of the Company.

After the change in share, Mr. Steven Tappan holds a total of 930,060 shares in PROCHEM S.A., which constitute 23.88% of the share capital and entitle to 930,060 votes, constituting 23.87% of the total number of votes at the General Meeting of the Company.

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.