Current Report No. 103/2016: Proposed amendments to the Articles of Association of KRUK S.A.
Acting on the basis of Par. 38.1.2 of the Regulation of the Minister of Finance of February 19th 2009 on current and periodic information […], the Management Board of KRUK S.A. (the Company) announces the proposed amendment to the Company’s Articles of Association, planned to be introduced at the Extraordinary General Meeting of the Company to be held on November 29th 2016.
The proposed amendment consists in the replacement of the existing Art. 4.1 reading:
“The Company’s share capital shall amount to PLN 17,744,216 (seventeen million, seven hundred and forty-four thousand, two hundred and sixteen złoty), and shall be divided into 17,744,216 (seventeen million, seven hundred and forty-four thousand, two hundred and sixteen) shares with a par value of PLN 1 (one złoty) per share, including:
(a) 2,692,220 (two million, six hundred and ninety two thousand, two hundred and twenty) Series A ordinary bearer shares,
b) 11,366,600 (eleven million, three hundred and sixty-six thousand, six hundred) Series AA ordinary bearer shares,
c) 1,250,000 (one million, two hundred and fifty thousand) Series B ordinary bearer shares,
(d) 491,520 (four hundred and ninety-one thousand, five hundred and twenty) Series C ordinary bearer shares,
(e) 1,100,000 (one million, one hundred thousand) Series D ordinary bearer shares,
(f) 843,876 (eight hundred and forty-three thousand, eight hundred and seventy-six) Series E ordinary bearer shares.
with:
The Company’s share capital shall amount to no less than PLN 17,744,217.00 (seventeen million, seven hundred and forty-four thousand, two hundred and seventeen złoty) and no more than PLN 18,744,216.00 (eighteen million, seven hundred and forty-four thousand, two hundred and sixteen złoty), and shall be divided into no fewer than 17,744,217 (seventeen million, seven hundred and forty-four thousand, two hundred and seventeen) and no more than 18,744,216 (eighteen million, seven hundred and forty-four thousand, two hundred and sixteen) shares with a par value of PLN 1 (one złoty) per share, including:
(a) 2,692,220 (two million, six hundred and ninety two thousand, two hundred and twenty) Series A ordinary bearer shares,
b) 11,366,600 (eleven million, three hundred and sixty-six thousand, six hundred) Series AA ordinary bearer shares,
c) 1,250,000 (one million, two hundred and fifty thousand) Series B ordinary bearer shares,
(d) 491,520 (four hundred and ninety-one thousand, five hundred and twenty) Series C ordinary bearer shares,
(e) 1,100,000 (one million, one hundred thousand) Series D ordinary bearer shares,
(f) 843,876 (eight hundred and forty-three thousand, eight hundred and seventy-six) Series E ordinary bearer shares,
(g) no fewer than 1 (one) and no more than 1,000,000 (one million) Series G ordinary bearer shares.”
Concurrently, the Company announces that the consolidated text of the Articles of Association including the proposed amendment will be determined by the Supervisory Board.