Current Report No. 126/2016: Agreements to subscribe for Series G shares

The Management Board of KRUK S.A. (the “Company”) hereby announces that on December 22nd 2016, in connection with the offering of no fewer than 1 and no more than 1,000,000 Series G ordinary bearer shares with a par value of PLN 1 per share (“Series G Shares”) conducted under Resolution No. 4 passed by the Company’s Extraordinary General Meeting held on November 29th 2016 and concerning: (i) an increase of the Company’s share capital of no less than PLN 1 and no more than PLN 1,000,000.00 to no less than PLN 17,744,217.00 and no more than PLN 18,744,216.00 by way of issue of new Series G ordinary bearer shares, full waiver of existing shareholders’ pre-emptive rights to new Series G shares, and offering those shares in a private placement addressed to no more than 149 investors (Private Placement); (ii) conversion of new Series G shares into book-entry form and application for admission of allotment certificates to Series G Shares and Series G shares to trading on the regulated market operated by the Warsaw Stock Exchange (the text of the resolution was announced in Current Report No. 113/2016 of November 29th 2016), and in connection with Management Board’s Resolution No. 374/2016 of December 22nd 2016 on allotment of new Series G Shares, the Company concluded with investors subscription agreements concerning 1,000,000 Series G Shares with a total value (understood as the product of the number of Series G Shares and the issue price per Series G Share) of PLN 215,000,000. The Company further announces that the cash payments required to subscribe for the shares have been made in full.
This current report was prepared in compliance with the provisions of Art. 17(1) of MAR; it is for information purposes only and does not constitute, whether directly or indirectly, an offer to buy or subscribe for, or the making available of information to promote the purchase or subscription for, or an inducement of the purchase or subscription for, any securities in Kruk S.A. of Wrocław. This material or any part hereof is not intended for distribution, whether directly or indirectly, in or to the United States or any other jurisdiction where public distribution of the information contained in this material may be limited or prohibited by law. The securities described in this material have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act.