Obtaining by the Management Board of Cyfrowy Polsat S.A. of preliminary information about the number of shares of Cyfrowy Polsat S.A. being the subject of sale offers submitted in response to the tender offer for the sale of shares in Cyfrowy Polsat S.A.

Date: 
16 Nov 2021

Subject: Obtaining by the Management Board of Cyfrowy Polsat S.A. of preliminary information about the number of shares of Cyfrowy Polsat S.A. being the  subject of sale offers submitted in response to the tender offer for the sale of shares in Cyfrowy Polsat S.A. announced by Cyfrowy Polsat S.A., Reddev Investments Limited and Mr. Zygmunt Solorz on September 28, 2021

The Management Board of Cyfrowy Polsat S.A. (the „Company") informs, further to the Company’s Current Report No. 22/2021 of September 27, 2021 regarding the Company initiating a review of options to launch and conduct an own shares buy-back program and the related tender offer to subscribe for the sale of shares in the Company, which was announced on September 28, 2021 by Cyfrowy Polsat S.A., Reddev Investments Limited and Mr. Zygmunt Solorz pursuant to article 74 section 1 of the Act on Public Offer and the Conditions of Introducing Financial Instruments into an Organized Trading System and Public Companies (Journal, of Laws 2020 item 2080) (the “Tender Offer”), that on November 16, 2021 it obtained information from Trigon Dom Maklerski S.A. (“Trigon”), acting as an intermediary in implementing the Tender Offer, that the preliminary number of shares of the Company being the subject of sales offers submitted by shareholders of the Company in response to the Tender Offer amounted to 11,770,601 shares of the Company.

The final number of shares the Company being the subject of submitted sale offers is still being verified by Trigon and will be disclosed by Trigon once such verification is completed.

Legal basis: Article 17 Section 1 of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.

Attached files: 
Category: 
Report Number: 
26/2021
Last updated 11/16/2021