The Management Board of Cyfrowy Polsat S.A. (Company) informs that on 17 April 2009 it become aware of a return transfer of 20,000,000 dematerialized registered shares of the Company, privileged as to the number of votes in the ratio of 2 to 1, resulting from a withdrawal by Polaris Finance B.V. on 16 April 2009 from a share sale agreement with Mr. Zygmunt Solorz-Żak dated 18 December 2008 (current report no 36/2008 dated 24 December 2008). The share transfer was made on 16 April 2009.
Prior to the aforementioned transaction Polaris Finance B.V. held 162,943,750 shares of the Company which accounted for 60.73% of the share capital of the Company entitling to 317,968,750 votes in the General Meeting of Shareholders of the Company which accounted for 69.76% of the total number of votes in the General Meeting of Shareholders of Cyfrowy Polsat S.A.
After completing the aforementioned transaction Polaris Finance B.V. holds 182,943,750 shares of the Company which account for 68.18% of the share capital of the Company entitling to 357,968,750 votes in the General Meeting of Shareholders of the Company which accounts for 78.53% of the total number of votes in the General Meeting of Shareholders of Cyfrowy Polsat S.A., provided that changes in the Company's Shareholders Register have been made.
Prior to the aforementioned transaction Mr. Zygmunt Solorz-Żak held 30,603,750 shares of the Company which accounted for 11.41% of the share capital of the Company entitling to 61,207,500 votes in the General Meeting of Shareholders of the Company which accounted for 13.43% of the total number of votes in the General Meeting of Shareholders of Cyfrowy Polsat S.A.
After completing the aforementioned transaction Mr. Zygmunt Solorz-Żak holds 10,603,750 shares of the Company which account for 3.95% of the share capital of the Company entitling to 21,207,500 votes in the General Meeting of Shareholders of the Company which accounts for 4.65% of the total number of votes in the General Meeting of Shareholders of Cyfrowy Polsat S.A., provided that changes in the Company's Shareholders Register have been made.
Moreover, Polaris Finance B.V. informed the Company about lack of intention of further increasing the share in the total number of votes in the General Meeting of Shareholders of Cyfrowy Polsat S.A. within 12 months from the date of filing this note.
Legal grounds: art. 70 section 1 of Law of 29 July 2005 about public offering and conditions of introducing financial instruments into the organized system of trade and on public companies.
raport_biezacy_18_2009_eng.pdf 76.07 KB
