05/01/2017

Current Report No. 3/2017: Preparation of consolidated text of KRUK S.A. Articles of Association by Supervisory Board

The Management Board of KRUK S.A. (the “Company”) announces that by Resolution of January 5th 2017 the Company’s Supervisory Board, acting pursuant to Section 4 of Resolution No. 5/2016 of the Extraordinary General Meeting of November 29th 2016 (the “Resolution”), taking into account the amendments made to the Company’s Articles of Association under Section 1 of the Resolution, in connection with the statement made by the Management Board on December 23rd 2016 under Art. 310.2 in conjunction with Art. 431.7 and Art. 441.2.7 of the Commercial Companies Code of September 15th 2000, has prepared the consolidated text of the Articles of Association of KRUK S.A. 
The amendments will come into force on the date of their registration by the registry court. The Management Board will announce the registration in a separate current report after becoming aware of it.
The amendments to the Company’s Articles of Association are as follows:

Previous wording of Art. 4 of the Company’s Articles of Association:
“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.”

New wording of Art. 4.1. of the Company’s Articles of Association:
“The Company’s share capital shall amount to PLN 18,744,216.00 (eighteen million, seven hundred and forty-four thousand, two hundred and sixteen złoty) and shall be divided into 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) 1,000,000 (one million) Series G ordinary bearer shares.”

The consolidated text of the Articles of Association is attached hereto.
Detailed legal basis: Par. 38.1.2 of the Regulation of the Minister of Finance of February 19th 2009 on current and periodic information […]

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