RB 3/2020: Notice of the status of possession


RB: 3/2020    
8 January 2020
Notice of the status of possession

The Management Board of Benefit Systems S.A. with its registered seat in Warsaw (the “Company”, the “Benefit Systems”) hereby announces that on 8 January, 2020, they received a notice prepared on the basis of Article 69 Sec. 2 Item 2) of Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies of 29 July 2005 (i.e. Journal of Laws [Dz.U.] of 2019, Item 623) (the “Public Offering Act”) from Mr James Van Bergh (the “Notifying Entity”), acting on his own behalf and, on the basis of Article 87 Sec 3 of The Public Offering Act, on behalf of Benefit Invest Ltd. with its registered seat in Dublin (“BI”) and Fundacja Drzewo i Jutro with its registered seat in Warsaw (“Foundation”) (wherein the Notifying Entity, BI and Foundation will hereinafter be jointly referred to as the "Agreement") announcing Agreement’s reduction by over 1% in the total number of votes at the General Meeting of the Company in relation to the state indicated in the last notification of January 30, 2019, provided by the Notifying Entity under the Public Offering Act.

 

Reduction of the Agreement’s engagement into the total number of votes of the Company occurred as a result of a transaction of sale of 15,000 (say: fifteen thousand) shares in the Company by the Notifying Entity on the regulated market of the Warsaw Stock Exchange (WSE) at PLN 950.00 per share (the “Transaction”), which took place on 7 January 2020.

Immediately before execution of the Transaction, the Agreement was holding 1 101 044 shares in Benefit Systems, representing 38.51% of the share capital of the Company, which gave right to 1 101 044 votes at the General Meeting of Benefit Systems and accounted for 38.51% of the total number of votes in the Company.

Immediately after execution of the Transaction, the Agreement holds 1 086 044 shares in Benefit Systems which represent 37.99% of the share capital of the Company, entitle to 1 086 044 votes at the General Meeting of Benefit Systems and account for 37.99% of the total number of votes in the Company.

Furthermore, the Notifying Entity announced that:
1) the Notifying Entity had no subsidiary within the meaning of Article 4 Item 15) of the Public Offering Act that
might hold shares in Benefit Systems;
2) with respect to the Notifying Entity, there was no person as referred to in Article 87 Sec. 1 Item 3) letter point
c) of the Public Offering Act; and
3) the Notifying Entity was not entitled to votes from shares in Benefit Systems, as referred to in Article 69 Sec.
4 Items 7) - 8) of the Public Offering Act.

 

DateFull namePosition/function
2020-01-08Bartosz JózefiakManagement Board Member
2020-01-08Adam RadzkiManagement Board Member

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