Completion of the buy-back of the Company's treasury shares

The Management Board of OPONEO.PL S.A. with its registered office in Bydgoszcz (hereinafter: the “Company”), with reference to report No. 19/2023 of 20 June 2023, hereby provides a summary of the treasury share buy-back (the "Buy-back") carried out by the Company on 13-19 June 2023.

 

In execution of the Buy-back, the Company acquired 330,000 (in words: three hundred and thirty thousand) ordinary bearer treasury shares with a par value of PLN 1 (in words: one zloty), registered in the securities depository maintained by the KDPW under ISIN code:  PLOPNPL00013 (“Treasury Shares”).

 

The Treasury Shares were purchased at a uniform price of PLN 45.00 (in words: forty-five zlotys 00/100) per Treasury Share, i.e. for the total price of PLN 14,850,000 (in words: fourteen million eight hundred and fifty thousand zlotys). The total nominal value of the Treasury Shares is PLN 330,000 (in words: three hundred and thirty thousand zlotys).

 

The Treasury Shares acquired by the Company account for 2.37% of the Company's share capital and the total number of votes at the General Meeting of the Company. Pursuant to Article 364 § 2 of the Commercial Companies Code, the Company will not exercise the participation rights attached to the Treasury Shares, with the exception of the right to dispose of them or perform actions aimed at preserving such rights.

 

The conclusion and settlement of the acquisition of the Treasury Shares took place on 22 June 2023.

The purchase transaction of the Treasury Shares took place outside the organised system of trading in financial instruments, through Trigon Dom Maklerski S.A., with its registered office in Kraków.

 

As part of the Buy-back, tenders were submitted to sell the total of 540,666 (in words: five hundred and forty thousand six hundred and sixty-six) shares of the Company. As the total number of shares in the Company submitted by shareholders for sale under the Buy-back exceeded the total number of shares the Company intended to purchase, the Company reduced the tenders to sell the Company shares on a pro rata basis, using the reduction rules described in the invitation to tender the Company's shares for sale under the Buy-back. The average reduction rate of the tenders submitted was 38.96%.

 

Moreover, the Company holds 170,220 treasury shares acquired as part of the share buy-back, which the Company announced in current report No. 52/2022 of 19 August 2022.