Further to Current Report No. 26/2020 of August 31st 2020, the Management Board of KRUK S.A. (the Company) announces that on October 13th 2020 it resolved to approve the text of the invitation for the shareholders to tender their shares in the Company for sale. The share buyback will be carried out in accordance with the rules set out in the KRUK S.A. Annual General Meeting’s Resolution No. 7 of August 31st 2020 on the allocation of the Company’s net profit for 2019, authorisation of the Management Board to buy back Company shares for cancellation, and creation of a capital reserve to fund the share buyback.
The invitation is attached as an appendix to this report.