11/10/2024

Current Report No. 57/2024: Registration of a change in the share capital of KRUK S.A.

The Management Board of KRUK S.A. (the “Company”) announces that received a decision to register by the District Court for Wrocław-Fabryczna in Wrocław, 6th Commercial Division of the National Court Register, on October 10th 2024, of a PLN 62,878 increase in the share capital of KRUK S.A. through the issue of Series F shares, to PLN 19,381,668.00.

The entry of the share capital increase in the National Court Register is of declaratory nature. The increase of the share capital took place on September 23rd, 2024, about which the Issuer informed in the current report No. 52/2024.

Pursuant to Resolution No. 22/2021 of the Annual General Meeting of KRUK S.A. (Resolution) dated June 16th 2021, the share capital was increased as part of the conditional share capital increase through the issue of 62,878 Series H shares with a par value of PLN 1.00 per share. The issue of Series H shares was related to the exercise of rights attached to subscription warrants by eligible persons. The Subscription warrants were issued as part of the incentive scheme addressed to key management staff of KRUK S.A. and the Group companies.

KRUK S.A.’s share capital currently comprises:

a). 2,421,220 Series A bearer shares with a par value of PLN 1 per share,

b). 11,366,600 Series AA bearer shares with a par value of PLN 1 per share,

c). 1,250,000 Series B bearer shares with a par value of PLN 1 per share,

d). 491,520 Series C bearer shares with a par value of PLN 1 per share,

e). 1,100,000 Series D bearer shares with a par value of PLN 1 per share

f). 843,876 Series E bearer shares with a par value of PLN 1 per share

g). 845,574 Series F bearer shares with a par value of PLN 1 per share

h). 1,000,000 Series G bearer shares with a par value of PLN 1 per share and

i). 62,878 Series H bearer shares with a par value of PLN 1 per share.

Currently, the share capital of KRUK S.A. amounts to PLN 19,381,668.00 and is divided into 19,381,668 shares, conferring 19,381,668 voting rights at the Company’s General Meeting.

At the same time, in accordance with the above, Par. 4.1 of the Company's Articles of Association was amended to give it the following wording:

”Par. 4 Share Capital

1. The share capital of the Company amounts to PLN 19,381,668.00 (in words: nineteen million, three hundred eighty-one thousand, six hundred sixty-eight) and is divided into 19.381.668 (in words: nineteen million, three hundred eighty-one thousand, six hundred sixty-eight) shares with the par value of PLN 1 (one) zloty each, of which:

(a) 2 421 220 (in words: two million four hundred and twenty-one thousand two hundred and twenty) ordinary bearer shares of A series,

(b) 11,366,600 (in words: eleven million three hundred sixty six thousand six hundred) ordinary bearer shares of AA series,

(d) 491,520 (in words: four hundred ninety one thousand five hundred twenty) ordinary bearer shares of C series,

(e) 1,100,000 (in words: one million one hundred thousand) ordinary bearer shares of D series,

(f) 843,876 (in words: eight hundred forty three thousand eight hundred seventy six) ordinary bearer shares of E series,

(g) 845,574 (in words: eight hundred and forty-five thousand five hundred and seventy-four) ordinary bearer shares of F series,

(h) 1,000,000 (in words: one million) ordinary bearer shares of G series,

(i) 62,878 (in words: sixty-two thousands eight hundred seventy eight) ordinary bearer shares of H series.”

The issuer shall attached consolidated text of the Statute of the Company taking into account the above change.
Detailed legal basis: Par. 5.1 of the Regulation of the Minister of Finance of April 20th 2018 on current and periodic information […]