FB

Current reports

27/2018: Successful issue of Series I shares and share capital increase

2018-12-21

The Management Board of PBG S.A. (the “Company”, “PBG”) reports that on December 20th 2018, in the performance of Resolution No. 2 of the Extraordinary General Meeting of July 31st 2015 on a conditional increase in the Company’s share capital through the issue of Series I ordinary bearer shares with the pre-emptive rights of the Company’s existing shareholders waived in full, on the issue of Series A subscription warrants with the pre-emptive rights of the Company’s existing shareholders waived in full, and on amending the Company’s Articles of Association (“Resolution No. 2”) (published in Current Report No. 24/2015 of July 31st 2015), amended by Resolution No. 2 of the Extraordinary General Meeting of January 16th 2017 amending Resolution No. 2 of the Extraordinary General Meeting of July 31st 2015 (the “Amending Resolution”) (published in Current Report No. 1/2017 of January 16th 2017), adopted in connection with the Arrangement made between the Company and its Creditors:

i)         On December 20th 2018, Mr Jerzy Wiśniewski, in line with Resolution No. 2 and the Amending Resolution, exercised his rights under 3,326,671 (three million, three hundred and twenty-six thousand, six hundred and seventy-one) Subscription Warrants, thus acquiring, on December 20th 2018, 3,326,671 (three million, three hundred and twenty-six thousand, six hundred and seventy-one) Series I shares,

ii)        The cash contribution to cover the issue price of the acquired 3,326,671 (three million, three hundred and twenty-six thousand, six hundred and seventy-one) Series I Shares was made in full in accordance with the Arrangement through a set-off of the Company’s and Mr Jerzy Wiśniewski’s mutual claims,

iii)       On December 20th 2018 the Company delivered to Mr Jerzy Wiśniewski the share certificates of the acquired 3,326,671 (three million, three hundred and twenty-six thousand, six hundred and seventy-one) Series I Shares.

As a result, in line with the Arrangement, Mr Jerzy Wiśniewski’s interest in the Company’s share capital reached 23.61%.

Given the above, the share capital of the Company is now PLN 16,368,406.26 (sixteen million, three hundred and sixty-eight thousand, four hundred and six złoty, 26/100) and is divided into 5,700,000 (five million and seven hundred thousand) Series A ordinary shares, 1,500,000 (one million and five hundred thousand) Series B ordinary shares, 3,000,000 (three million) Series C ordinary shares, 330,000 (three hundred and thirty thousand) Series D ordinary shares, 1,500,000 (one million and five hundred thousand) Series E ordinary shares, 1,400,000 (one million and four hundred thousand) Series F ordinary shares, 865,000 (eight hundred and sixty-five thousand) Series G ordinary shares, 787,925,810 (seven hundred and eighty-seven million, nine hundred and twenty-five thousand, eight hundred and ten) Series H shares including 776,948,780 (seven hundred and seventy-six million, nine hundred and forty-eight thousand, seven hundred and eighty) ordinary shares and 10,977,030 (ten million, nine hundred and seventy-seven thousand, thirty) registered shares, and 16,199,503 (sixteen million, one hundred and ninety-nine thousand, five hundred and three) Series I ordinary shares.

The conditional share capital increase was registered on November 14th 2016 to grant to Mr Jerzy Wiśniewski, the Company’s founder, the rights to acquire Series I Shares in exercise of his Series A subscription warrants, which were issued under Resolution No. 2 to enable the Company to carry into effect the provisions of the arrangement approved and sanctioned by the court in the course of the insolvency proceedings initiated against the Company by way of a decision of the District Court for Poznań-Stare Miasto in Poznań, 11th Commercial Insolvency and Arrangement Division, of June 13th 2012, to declare the Company insolvent in voluntary arrangement.

Pliki:

current report 27/2018 (.pdf - 46,71 kB)

Newsletter

PBG on Facebook PBG on YouTube

Pursuant to Article 13 of Regulation (EU) No 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of individuals with regard to the processing of personal data and on the free movement of such data (EU Journal of Laws L 119 of 04.05.2016, hereinafter called the “Regulation”), I hereby inform you that:

  1. The Controller of your personal data is PBG SA with its registered office in Wysogotowo, ul. Skórzewska 35 62-081 Przeźmierowo.
  2. You can contact the Controller using the following e-mail address: polska@pbg-sa.pl / You can contact the Controller via the Data Protection Supervisor appointed by the Controller using to the following e-mail address: iodo@gkpbg.pl
  3. Your personal data shall be processed for the process of newsletter subscription under Article 6 (1) (a) of the Regulation.
  4. Your personal data shall be stored until you request to cancel the subscription.
  5. The recipients of your personal data shall be the persons authorised by the Controller, i.e. the employees and associates who have to have access to the data to perform their duties, and the Controller's Providers to whom the Controller entrusts the processing of the personal data under and based on the data processing agreements and in line with the requirements of Article 28 of GDPR (i.e.: the provision of IT services).
  6. Giving your personal data is voluntary. However, your refusal to give it prevents us from sending you the newsletter.
  7. You have the right to request from the Controller the access to your personal data. Moreover, you can correct your personal data, delete it or limit its processing, and you have the right to withdraw your consent for data transfer.
  8. You have the right to file a complaint to a supervisory body.
  9. Giving your personal data is voluntary.