Information on registration of the increase of the Company’s share capital and amendments to the Articles of Association

Current report no. 160/2014

The Management Board of Polimex-Mostostal S.A. (the “Company”) informs that on 22 October 2014 the District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register, registered the change of the Company’s share capital, thereby registering in the register of entrepreneurs the increase of the share capital of the Company through issuing 2,863,571,852 series R ordinary bearer shares of the nominal value of PLN 0.04 each.

As a result of registration of the increase of the share capital mentioned above, as of the publication date of this current report, the share capital of the company amounts to PLN 173,237,605.68 and is divided into 4,330,940,142 shares of the nominal value of PLN 0.04 each, entitling to 4,330,940,142 votes at the General Meeting of the Company.

At the same time, the Court registered the amendments to the Articles of Association of the Company resulting from the resolution no. 5 of the General Meeting of the Company of 31 July 2014 with respect to the increase of the share capital, with revocation of the pre-emptive rights, through issuing series R ordinary bearer shares, and a representation of the Board of the Company on specifying the amount of the share capital, in the course of Article 310 § 2 and § 4 of the Commercial Companies Code, consisting in amending the wording of § 9(1) of the Articles of Association of the Company.

The previous wording of the § 9 (1) of the Articles of Association of the Company is the following:

“1.      The share capital of the Company amounts to PLN 58,694,731.60 (fifty-eight million, six hundred and ninety-four thousand, seven hundred and thirty one point sixty zlotys) and shall be divided into:

1)       37,550 (thirty seven thousand, five hundred and fifty) series A ordinary registered shares of the nominal value of PLN 0.04 (point zero four) each,

2)       381,174,725 (three hundred and eighty-one million, one hundred and seventy-four thousand, seven hundred and twenty-five) ordinary bearer shares of series A to F of the nominal value of PLN 0.04 (point zero four) each, admitted to listing,

3)       235,873 (two hundred and thirty-five thousand, eight hundred and seventy-three) ordinary bearer shares of G series of the nominal value of PLN 0.04 (point zero four) each, admitted to listing,

4)       25,822,625 (twenty-five million, eight hundred and twenty-two thousand, six hundred and twenty-five) ordinary bearer shares of H series of the nominal value of PLN 0.04 (point zero four) each, admitted to listing,

5)       57,320,725 (fifty-seven million, three hundred and twenty thousand, seven hundred and twenty-five) ordinary bearer shares of I series of the nominal value of PLN 0.04 (point zero four) each, admitted to listing,

6)       38,733,090 (in words: thirty-eight million, seven hundred and thirty-three thousand and ninety) ordinary bearer shares of K series of the nominal value of PLN 0.04 (point zero four) each, admitted to listing,

7)       17,829,488 (seventeen million, eight hundred and twenty-nine thousand, four hundred and eighty-eight) ordinary bearer shares of L series of the nominal value of PLN 0.04 (point zero four) each, admitted to listing.

8)       416,666,666 (four hundred and sixteen million, six hundred and sixty-six thousand, six hundred and sixty-six) ordinary bearer shares of M series of the nominal value of PLN 0.04 (point zero four) each,

9)       396,153,846 (three hundred and ninety-six million, one hundred and fifty-three thousand, eight hundred and forty-six) ordinary bearer shares of N1 series of the nominal value of PLN 0.04 (point zero four) each,

10)     133,393,702 (one hundred and thirty-three million, three hundred and ninety-three thousand, seven hundred and two) ordinary bearer shares of P series of the nominal value of PLN 0.04 (point zero four) each.”

 

After the amendment of the Articles of Association of the Company, the wording of § 9 (1) is the following:

“1.    The share capital of the Company amounts to PLN 173,237,605.68 (one hundred and seventy-three million, two hundred and thirty-seven thousand, six hundred and five point sixty-eight zlotys) and shall be divided into:

1)       37,550 (thirty seven thousand, five hundred and fifty) series A ordinary registered shares of the nominal value of PLN 0.04 (point zero four) each,

2)       381,174,725 (three hundred and eighty-one million, one hundred and seventy-four thousand, seven hundred and twenty-five) ordinary bearer shares of series A to F of the nominal value of PLN 0.04 (point zero four) each, admitted to listing,

3)       235,873 (two hundred and thirty-five thousand, eight hundred and seventy-three) ordinary bearer shares of G series of the nominal value of PLN 0.04 (point zero four) each, admitted to listing,

4)       25,822,625 (twenty-five million, eight hundred and twenty-two thousand, six hundred and twenty-five) ordinary bearer shares of H series of the nominal value of PLN 0.04 (point zero four) each, admitted to listing,

5)       57,320,725 (fifty-seven million, three hundred and twenty thousand, seven hundred and twenty-five) ordinary bearer shares of I series of the nominal value of PLN 0.04 (point zero four) each, admitted to listing,

6)       38,733,090 (in words: thirty-eight million, seven hundred and thirty-three thousand and ninety) ordinary bearer shares of K series of the nominal value of PLN 0.04 (point zero four) each, admitted to listing,

7)       17,829,488 (seventeen million, eight hundred and twenty-nine thousand, four hundred and eighty-eight) ordinary bearer shares of L series of the nominal value of PLN 0.04 (point zero four) each, admitted to listing.

8)       416,666,666 (four hundred and sixteen million, six hundred and sixty-six thousand, six hundred and sixty-six) ordinary bearer shares of M series of the nominal value of PLN 0.04 (point zero four) each,

9)       396,153,846 (three hundred and ninety-six million, one hundred and fifty-three thousand, eight hundred and forty-six) ordinary bearer shares of N1 series of the nominal value of PLN 0.04 (point zero four) each,

10)     133,393,702 (one hundred and thirty-three million, three hundred and ninety-three thousand, seven hundred and two) ordinary bearer shares of P series of the nominal value of PLN 0.04 (point zero four) each,

11)   2.863.571.852 (two billion, eight hundred and sixty-three million, five hundred and seventy-one thousand, eight hundred and fifty-two) ordinary bearer shares of R series of the nominal value of PLN 0.04 (point zero four) each."

 

Legal basis: § 5 sec. 1 (9) and § 38 sec. 1 (2) of the Ordinance of the Minister of Finance dated 19 February 2009 on current and periodic information provided by issuers of securities and terms of deeming information required by the regulations of a non-Member State equivalent.