The Management Board of Orzeł Biały S.A. (hereinafter: The Company) hereby announces that on October 16, 2019 it received a notification from ZAP Sznajder Batterien S.A. (hereinafter: The Shareholder) on a change in The Shareholder’s share in the total number of votes in Orzeł Biały S.A. with its registered office at Piekary Śląskie, as a result of the execution on October 16, 2019 of a contract for the sale of 100% shares (hereinafter: The Transaction) in NEF Battery Holdings S.a.r.l. based in Luxembourg, between PineBridge New Europa Partners II-A, L.P. and The Shareholder.
Prior to the settlement of The Transaction, The Shareholder held directly 2,054,884 shares of The Company, representing 12.34% of The Company’s share capital. As a result of The Transaction settlement, The Shareholder directly owns 2,054,884 shares of The Company, representing 12.34% of the share capital of The Company, and indirectly owns 10,082,388 shares of The Company, representing 60.55% of the share capital of The Company. The total number of votes held directly and indirectly by The Shareholder at the general meeting of The Company as at 16.10.2019 is 12,137,272 votes at the general meeting following the Transaction, constituting 72.89% of the total number of The Company’s votes.
At the same time, the Management Board gives notice that on the same day it received a notification from Mr Lech Sznajder, acting as the majority shareholder of ZAP Sznajder Batterien S.A. with its registered office at Piastów, on a change in the shareholder’s shares in the total number of votes in Orzeł Biały S.A. with its registered office at Piekary Śląskie as a result of The Transaction. Before the settlement of the Transaction, Mr Lech Sznajder indirectly held 2,054,884 shares of The Company, representing 12.34% of The Company’s share capital. The total number of votes held indirectly by Mr. Lech Sznajder at the general meeting of the Company as at 16.10.2019 following The Transaction is 12,137,272 votes at the general meeting, constituting 72.89% of the total number of The Company’s votes.
The wording of notifications is submitted by The Company attached.
Legal basis: Art. 70 Cl.1 of the Public Offering Act
