First Call of Cyfrowy Polsat S.A. for the submission of certificated shares of the Company for the purpose of their dematerialization

30 Sep 2020

The Management Board of Cyfrowy Polsat S.A. (the “Company,” “Cyfrowy Polsat”), acting pursuant to Article 16 of the Act of August 30, 2019 amending the Commercial Companies Code and certain other acts, calls on all shareholders who hold certificated shares of the Company to submit them in the Company’s headquarters at street Łubinowa 4a, 03-878 Warsaw, Poland on business days (from Monday to Friday) from 7.00 am to 2.00 pm by January 15, 2021 at the latest.

In parallel, the Company informs that as of March 1, 2021 the binding force of the certificated shares issued by the Company in a paper form will cease to exist by virtue of law (ex lege) while records of the shares on securities accounts will become legally binding.

The submission of the shares after January 15, 2021 may result in a delay in registration of the shares by the securities depository (i.e., with effect after March 1, 2021). It should be stressed that after March 1, 2021 certificated shares will become solely evidence in proving ownership rights in the Company by a shareholder. Furthermore, after March 1, 2026 certificated shares will cease to represent evidential force mentioned in the previous sentence.

The Company notices that this call is the first of five required by law and that the submission of the certificated shares in the Company will be made against written confirmation of receipt issued to the shareholder.

Legal basis

Other regulations

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Last updated 09/30/2020