Purchase of own shares of the Grupa Kapitałowa IMMOBILE - News - Grupa Kapitałowa Immobile S.A.

Purchase of own shares of the Grupa Kapitałowa IMMOBILE
Data publikacji: 12.05.2020

The Management Board of Grupa Kapitałowa IMMOBILE S.A. with its registered office in Bydgoszcz informs about the commencement of the purchase of own shares, in connection with the adoption on May 12, 2020 of a resolution of the Company's Management Board regarding the purchase of own shares under the authorization granted by the Extraordinary General Meeting of the Company, pursuant to Resolution No. 3 of the Extraordinary General Meeting Companies of December 6, 2019 on granting the Management Board authorization to purchase the Company's own shares for redemption or for resale.

The subject of the Offer is no more than 455,000 shares of the Company, which on the day of announcing the offer constitute no more than 0.6% of the share capital of the Company. As part of the offer, the company will purchase over-the-counter shares, proportionally, which means that if the total number of Shares covered by all Shares submitted on the date they are accepted is higher than 455,000, the company will proportionally reduce the number of shares covered by the offers to sell shares submitted by the Company's shareholders.

The offered purchase price is PLN 2.20 per share.

The shares will be bought back according to the following schedule:

• The deadline for announcing the Offer: 12/05/2020.

• Date of commencement of accepting Share sale Offers: 13.05.2020.

• Deadline for accepting the Share Sale Offers: 19.05.2020.

• Expected date of transaction for purchase of Shares, 22.05.2020.


The offer will be published on the Company's websites: