Notification of change in shareholding in the total number of votes of PROCHEM SA by Prochem Holding M. Garliński Spółka Komandytowa

Date of publication: 18.10.2013

Management Board of PROCHEM SA seated in Warsaw informs that on 18 October 2013 the office received the notification from the company Prochem Holding M. Garliński Spółka Komandytowa based in Warsaw, which was filed under Art. 69 sec. 2 item 1 of the Act of Trading in Financial Instruments, that the total number of votes at General Meeting of Shareholders owned by Prochem Holding has changed by 20.7283%

The reason for the change in the total number of votes at the General Assembly of PROCHEM SA was the adoption of a resolution on dissolution and termination of the activity and on division of the company’s assets of Prochem Holding. Based on the resolution on the division of the company’s assets of Prochem Holding, on October 16, 2013 the company Prochem Holding, transferred the owned shares of PROCHEM SA to existing general partners and limited partners of Prochem Holding Company at a price of PLN 25.50. The price per share was determined in accordance with the rate of closing the trading session on 15 October 2013. The total value of the transferred shares amounted to PLN 20,589,031.50.

Before the change, the company Prochem Holding held 807,413 shares of PROCHEM SA, representing 20.7295% of the share capital and the shares give the right to exercise 807,413 votes at the General Meeting of Shareholders of PROCHEM SA what is corresponding to 20.7206% of the total number of votes.

At the date of this notice the company Prochem Holding does not hold any shares of PROCHEM SA