Notification pursuant to art. 160 of the Act on Trading

Home page Investor relations Current reports Notification pursuant to art. 160 of the Act on Trading

Date of publication: 25.01.2013

PROCHEM S.A. Management Board with its seat in Warsaw informs that on 25 January 2013 the headquarters of the Company received a notice from the Company Prochem Holding M. Garliński Limited Partnership with its seat in Warsaw, filed under Art. 160 sec. 1 of the Act on Trading in Financial Instruments (the Act). This Notice is filed on behalf of the complementary members and limited partners, who are members of the Supervisory Board of the Issuer, i.e. Andrzej Karczykowski, Marek Garliński, Adam Parzydeł; Members of the Board of the Issuer i.e. Jarosław Stępniewski, Marek Kiersznicki, Krzysztof Marczak; and Proxies of the Issuer i.e. Barbara Auguścińska-Sawicka, Maciej Kalita, Grzegorz Kobyłecki and Jan Milczarczyk.

According to the Notice received by the Issuer we inform that on 25 Jan. 2013 from the Company Prochem Holding M. Garliński Limited Partnership, withdrew one of the limited partners being a person closely related to the above persons within the meaning of Art. 160 sec. 2 item 4 of the Act. Company Prochem Holding M. Garliński Limited Partnership by way of release from the obligation laid down in Art. 65 §3 of the Code of Commercial Companies on 27 January 2013 released to the outgoing limited partner 21 128 shares of the Company PROCHEM S.A. according to the value of the shares resulting from the exchange of the shares determined on the last trading session in 2012 i.e. at a price of PLN 16.14. The total amount of the transaction amounted to PLN 341 005.92.

Before delivery of the shares referred to in the preceding sentence, Prochem Holding M. Garliński Limited Partnership held: 962 341 shares of PROCHEM S.A., which accounted for 24.7071% of the share capital, and the shares entitled to 962 341 votes at the General Meeting of PROCHEM S.A. representing 24.6839% of the total number of votes. After the delivery of the shares to the limited partner as above, Prochem Holding M. Garliński Limited Partnership, from 25 January 2013 holds 941 213 shares of PROCHEM S.A., representing 24.1646% of the share capital, and the shares entitling to 941 213 votes at the General Meeting, representing 24.1420% of the total number of votes at the General Meeting of PROCHEM S.A.