18/2020 Information on acceptance of Offers to Sell the Shares

Management Board of CPD S.A. with its registered office in Warsaw (the “Company”) hereby announces, that in connection with announced on 2 June, 2020, the Invitation to Submit Proposals for Sales of Shares of the Company pursuant to which the Company proposed to acquire up to 4,779,565 shares of ordinary bearer shares ISIN code PLCELPD00013 (“Shares”), for the period for receipt of Offers to Sell the Shares held from 8 to 22 of June 2020, accepted 60 valid offers amounting to a total of 19,224,181 shares of the Company as well as 2,114,907 Additional Shares.

On 25th June 2020, the Company has decided to accept all valid offers of Shares and make them reduction carried out in accordance with the principles set out in the Invitation. Because the Offers amounted to more than the number of shares offered by the Company of 4,779,565 shares, each offer will be execute in the part – the offer will be reduced in accordance with the principles described in the Invitation and Offers to be reduced on average by approximately 78% including Additional Shares.

 Acquisition of Shares by the Company, will take place as soon as the settlement ie 25th of June, 2020.

 

 

Legal basis:

Article 17.1 MAR – Inside information

Signatures of persons authorized to represent the Company:

Elżbieta Wiczkowska, Member of the Management Board, 24th of June, 2020

Iwona Makarewicz, Member of the Management Board, 24th of June, 2020

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CPD S.A.
ul. Cybernetyki 7b
02-677 Warszawa
tel.: +48 22 321 05 00
fax: +48 22 321 05 01
e-mail: info@cpdsa.pl