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. 42/2023 of 31 October 2023, hereby provides a summary of the treasury share buy-back (the "Buy-back") carried out by the Company on 23-30 October 2023.

 

In execution of the Buy-back, the Company acquired 2,200,000 (in words: two million two hundred 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 40.00 (in words: forty zlotys 00/100) per Treasury Share, i.e. for the total price of PLN 88,000,000 (in words: eighty eight million zlotys). The total nominal value of the Treasury Shares is PLN 2,200,000 (in words: two million two hundred thousand zlotys).

 

The Treasury Shares acquired by the Company account for 15.79% 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 06 November 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.

 

Tenders were submitted to sell the total of 2,391,135 (in words: two million three hundred and ninety-one thousand one hundred and thirty-five) shares in the Company as part of the Buyback. 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 8%.

 

Moreover, the Company holds 500,220 treasury shares acquired under previous share buy-backs.