Notification by shareholders of a decrease in the share in the total number of votes at the General Meeting of Shareholders

Date of publication: 06.12.2022

The Management Board of PROCHEM S.A. with its registered office in Warsaw (hereinafter referred to as the “Issuer”) informs that on December 5, 2022, the Issuer received from APUS S.A. with its registered office in Warsaw and from Jean Jaques Alphandera, a notification on reducing the block of shares.

The decrease in the share in the total number of votes at the Issuer’s General Meeting of Shareholders is a consequence of the settlement on November 28, 2022 of the transaction as part of the purchase of 350,000 own shares for redemption announced by the Issuer on November 7, 2022.

Before the change Jean Jaques Alphandery:

– as the parent entity in relation to APUS S.A. had in APUS S.A. 122,878 shares of the Issuer’s company, which constituted 5.22% of the share capital and gave 5.22% of the total number of votes at the Issuer’s General Meeting;
– on its own account, held 23,087 shares of the Issuer’s company, which constituted 0.98% of the share capital and gave 0.98% of the total number of votes at the Issuer’s General Meeting.

After the settlement of the share sale transaction as part of the buyback of own shares for redemption announced by the Issuer, Jean Jaques Alphandery as the parent company of APUS S.A. and through a subsidiary holds a total of 36,529 shares in the Issuer’s company, which constitutes 1.56% of the Issuer’s share capital, including:

– as the parent entity in relation to APUS S.A. has in the company APUS S.A. 30,752 shares of the Issuer’s company, which constitutes 1.31% of the Issuer’s share capital;
– on its own account, holds 5,777 shares of the Issuer’s company, which constitutes 0.25% of the Issuer’s share capital.

A scan of the notification is attached to this report (download file).