RB 51/2020
The Management Board of PragmaGO S.A. with its seat in Katowice _”the Company” or “the Issuer_ announces that on November 26, 2020 it received information that Polish Enterprise Funds SCA registered in Luxembourg _”the Inviting Party”_ through Powszechna Kasa Oszczędności Bank Polski S.A. Branch – Brokerage Office in Warsaw, a tender offer to subscribe for the sale of 2,752,167 _two million seven hundred and fifty-two thousand one hundred and sixty-seven_ shares of the Company representing 100% of the Company’s share capital and entitling to 100% of votes at the Company’s general meeting _”Shares”_ _”Tender Offer”_. The Tender Offer was announced pursuant to Article 74 section 1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies of July 29, 2005 _Journal of Laws 2019. 623, as amended _ and the Ordinance of the Minister of Development and Finance of September 14, 2017 on specimens of tender offers for the sale or exchange of shares of a public company, the detailed method of their announcement and the terms and conditions of the acquisition of shares as a result of such tender offers _Journal of Laws 2017.1748, as amended. The entity acquiring all the Shares under the Tender Offer is the Offeror. The Inviting Entity has undertaken to purchase the subscribed Shares on the condition that the number of Shares entitling to exercise at least 66% of the total number of votes will be subscribed for in the Tender Offer. The price of the Shares in the Tender Offer will be, respectively:
a_ PLN 18.10 _eighteen zlotys and ten groszy_ per registered share of the Issuer, in the case of registered shares owned by the Issuer’s parent company Pragma Inkaso S.A. headquartered in Tarnowskie Góry _”Pragma Inkaso”_ the price will thus be PLN 18.10 _eighteen zlotys and ten groszy_;
b_ PLN 24.50 _twenty-four zlotys and fifty groszy_ per one bearer share of the Issuer, with the proviso that in the case of bearer shares owned by Pragma Inkaso the price will be PLN 18.10 _eighteen zlotys and ten groszy_. The full text of the Tender Offer is available on the website of the Polish Press Agency at: http://infostrefa.com/infostrefa/pl/wiadomosci/37807416,wezwanie-do-zapisywania-sie-na-sprzedaz-akcji-pragmago-sa The Issuer’s Management Board’s position on the Tender Offer will be published by the Issuer in the form of a separate current report. Legal basis: Article 17 section 1 MAR – confidential information.
Legal basis: Article 17 (1) MAR – confidential information.
