Further to Current Report No. 36/2020 of October 13th 2020, the Management Board of KRUK S.A. (the Company) announces that today it has received a notification from Santander Bank Polska S.A. - Santander Brokerage Office (Brokerage Office) stating that during the acceptance period for tenders to sell the Company’s shares by Brokerage Office, i.e. from October 19th to November 13th 2020, a total of 1.659 tenders to sell a total of 17.312.434 shares in the Company were accepted.
The number of accepted tenders to sell more than 29 but fewer than 70 shares is 393, comprising a total of 17.349 shares and after taking into account tenders made repeatedly from one account (6 tenders for a total of 306 shares), 387 tenders for a total of 17.043 shares were subject to preferential allotment. The tenders to sell more than 29 but fewer than 70 shares have been allotted 387 shares.
The number of accepted tenders to sell no more than 29 shares or no fewer than 70 shares is 1.269, comprising a total of 17.295.391 shares. Following a pro rata reduction of the tenders to sell no more than 29 shares or no fewer than 70 shares, the average reduction rate has been set at 98,44%. The tenders to sell no more than 29 shares have not been allotted any shares, whereas the tenders to sell no fewer than 70 shares have been allotted a total of 270.613 shares.
In aggregate, the Company will repurchase 271,000 shares at a price of PLN 350.00 per share. The planned date of settlement of the Buyback Offer is November 18th 2020.
Detailed legal basis: Article 5(3) of the MAR[…]
- KRUK S.A.
- Mission, vision and values
- KRUK Group structure
- Board, Supervisory Board and GM
- Code of Best Practices of Companies Listed
- Corporate documents
Learn more about KRUK Group core business and strategic objectives
Shareholding structure of the KRUK S.A.
Become familiar with the mission and vision of KRUK Group, as well as with the values the Group embraces in its contacts with the customers, business partners, co-workers, and shareholders.
See the KRUK Group structure
Learn more about authorities of the KRUK Group
Learn more about milestones in the history of the KRUK Group
Learn more about the associations the joint-stock companies of KRUK Group belong to in Europe ans the U.S.
Learn more about Code of Best Practices of Companies Listed on the Warsaw Stock Exchange
See the corporate documents of KRUK S.A.
See annual and quarterly reports of the KRUK Group
See selected current reports of the KRUK Group
List of recommendations and external reports about KRUK group
See financial data by year and generate an interactive chart
See financial data by quarter and generate an interactive chart