CR 35/2015 Notices on the change of share in the total number of votes at the Annual General Meeting of the Issuer

 

Notices on the change of share in the total number of votes at the Annual General Meeting of the Issuer


Current Report No. 35/2015

Date: 20.08.2015

 

The Management Board of LPP SA with its registered office in Gdańsk (further the “Issuer”) announces that on 19 August 2015 it received a notice served by Forum Towarzystwa Funduszy Inwestycyjnych SA, with its registered office in Cracow (further: “Forum TFI”), acting for and on behalf of the funds: Forum 64 Closed-End Fund and Forum 65 Closed-End Fund, drawn up pursuant to Article 69(1)(1) in connection with Article 87(1)(2) of the Act of 29 July 2005 on public offering and conditions for introducing financial instruments into organised trading and on public companies (consolidated text: Journal of Laws of 2013, item 1382) (further the “Act on Public Offering”), informing of a change in ownership of shares and the total number of votes at the Annual General Meeting of Shareholders of LPP SA.

Forum TFI notified about indirect acquisition by funds it manages: Forum 64 Closed-End Fund and Forum 65 Closed-End Fund, of shares entitling to vote in the number exceeding the threshold of 5% of the total number of votes at the Annual General Meeting of the Issuer’s Shareholders referred to in Article 69(1)(1) of the Act on Public Offering.

According to the notification received from Forum Towarzystwa Funduszy Inwestycyjnych SA with its registered office in Cracow (further “Forum TFI”), acting for and on behalf of funds: Forum 64 Closed-End Fund and Forum 65 Closed-End Fund:

1.The date and type of event causing the change of shares referred to in the notice:

The funds managed by Forum TFI: Forum 64 Closed-End Fund and Forum 65 Closed-End Fund acquired indirectly the shares of the Issuer as a result of:

  • receiving on 17 August 2015, from Hoja SCSp with its registered office in Luxembourg, a subsidiary of FORUM 64 Closed-End Fund managed by Forum TFI, a dividend in kind in the form of 51,338 (fifty-one thousand three hundred thirty-eight) shares in the Issuer’s share capital entitling to votes representing 1.589% share of the total number of votes at the Annual General Meeting of the Issuer’s Shareholders;
  • receiving on 18 August 2015, from Quarter SCSp with its registered office in Luxembourg, a subsidiary of FORUM 65 Closed-End Fund managed by Forum TFI, a dividend in kind in the form of 149,390 (one hundred forty-nine thousand three hundred ninety) shares in the Issuer’s share capital entitling to votes representing 4.623% share of the total number of votes at the Annual General Meeting of the Issuer’s Shareholders.

2.The number of shares held before the change in shareholding and their percentage share in the share capital as well as the number of votes attached to these shares and their percentage share in the total number of votes:

Before the transactions the funds managed by Forum TFI: Forum 64 Closed-End Fund and Forum 65 Closed-End Fund, as well as another fund managed by Forum TFI, did not hold directly or indirectly any shares of the Issuer, and consequently did not have any share in the Issuer’s share capital and votes at the Annual General Meeting of the Issuer.

3.The number of shares currently held and their percentage share in the share capital as well as the number of votes attached to these shares and their percentage share in the total number of votes:

Following the transactions:

  • Hoja SCSp with its registered office in Luxembourg, a subsidiary of FORUM 64 Closed-End Fund managed by Forum TFI, holds 51,338 (fifty-one thousand three hundred thirty-eight) shares in the Issuer’s share capital, equal to 2.8% in the share capital of the Issuer and entitling to votes representing 1.6% share of the total number of votes at the Annual General Meeting of the Issuer’s Shareholders;
  • Quarter SCSp with its registered office in Luxembourg, a subsidiary of FORUM 65 Closed-End Fund managed by Forum TFI, holds 149,390 (one hundred forty-nine thousand three hundred ninety) shares in the Issuer’s share capital, equal to 8.2% in the share capital of the Issuer and entitling to votes representing 4.7% share of the total number of votes at the Annual General Meeting of the Issuer’s Shareholders.

4.Information on the plans of further increase in the total number of votes within 12 months from the notification date, and purpose of such increase – when the notice is filed in connection with reaching or exceeding 10% of the total number of votes:

Not applicable.

5.The subsidiaries to the shareholder submitting notification, holding shares of the company:

There are no subsidiaries of Forum TFI, acting on behalf of Forum 64 Fundusz Closed-End Fund and Forum 65 Closed-End Fund that hold shares of the Issuer other than indicated above: Hoja SCSp with its registered office in Luxembourg, a subsidiary of FORUM 64 Closed-End Fund managed by FORUM TFI and Quarter SCSp with its registered office in Luxembourg, a subsidiary of FORUM 65 Closed-End Fund managed by TFI FORUM

6.Persons referred to in Article 87(1)(3)(c)

There are no persons referred to in Article 87(1)(3)(c) of the Act on Public Offering.

 

CR 35 2015 – Notices on the change of share in the total number of votes at the Annual General Meeting of the Issuer

CR 34/2015 Notices on the change of share in the total number of votes at the Annual General Meeting of the Issuer

 

Notices on the change of share in the total number of votes at the Annual General Meeting of the Issuer


Current Report No. 34/2015

Date: 20.08.2015

 

The Management Board of LPP SA with its registered office in Gdańsk (further the “Issuer”) announces that on 19 August 2015 it received a notice served by the company Monistor Limited, with its registered office in Nicosia, Cyprus, drawn up pursuant to Article 69 of the Act of 29 July 2005 on public offering and conditions for introducing financial instruments into organised trading and on public companies (consolidated text: Journal of Laws of 2013, item 1382) (further the “Act on Public Offering”), informing of a change in ownership of shares and the total number of votes at the Annual General Meeting of Shareholders of LPP SA.

Monistor Limited notified about reduction in the share below the threshold of 5% of the total number of votes at the Annual General Meeting of the Issuer’s Shareholders referred to in Article 69(1)(2) of the Act on Public Offering as a result of the sale of all shares in the share capital of the Issuer.

According to the notice received from Monistor Limited, with its registered office in Nicosia, Cyprus:

1.The date and type of event causing the change of shares referred to in the notice:

Monistor Limited, in transactions outside the regulated market, concluded and settled on 13 and August 2015, sold a total of 200,728 shares of the Issuer by providing tangible dividends to its shareholders;

2.The number of shares held before the change in shareholding and their percentage share in the share capital as well as the number of votes attached to these shares and their percentage share in the total number of votes:

Before the transactions Monistor Limited held 200,728 shares in the share capital of the Issuer, representing 10% of the share capital of the Issuer, allowing for 200,728 votes at the Annual General Meeting of the Issuer’s Shareholders, representing 6% of the total number of votes at the Annual General Meeting of the Issuer’s Shareholders

3.The number of shares currently held and their percentage share in the share capital as well as the number of votes attached to these shares and their percentage share in the total number of votes:

Following the transactions, Monistor Limited does not have any (0) shares of the Issuer and, consequently, it is not entitled to the share capital of the Issuer or any votes at the Annual General Meeting of the Issuer’s Shareholders.

4.Information on the plans of further increase in the total number of votes within 12 months from the notification date, and purpose of such increase – when the notice is filed in connection with reaching or exceeding 10% of the total number of votes:

Not applicable.

5.Subsidiaries to the shareholder submitting notification, holding shares of the company:

There are no subsidiaries of Monistor Limited holding shares of the Issuer.

6.Persons referred to in Article 87(1)(3)(c)

There are no persons referred to in Article 87(1)(3)(c) of the Act on Public Offering.

 

CR 34 2015 – Notices on the change of share in the total number of votes at the Annual General Meeting of the Issuer

CR 33/2015 The master agreement

The master agreement

 

 

Current report no.: 33/2015

Date: 05.08.2015

 

The Management Board of LPP SA hereby informs that on 5 August 2015 the Company and PKO BP SA signed the investment loan agreement.

Pursuant to the investment loan agreement, the total limit was granted at the amount of PLN 100 mln for the purpose of refinancing of capital expenditures related to the development of the sales network in Poland.

The crediting period: from 5 August 2015 until 4 August 2020 year.

The loan is secured by:

  1. contractual mortgage in the amount of PLN 150 mln;
  2. assignment of rights from insurance;
  3. authorization to the bank accounts held in the bank;
  4. blank promissory note;

The above contract was concluded on market terms.

The criterion of declaration of the contract is the value of contracts concluded with PKO BP within 12

months which is more than 10% of the equity of LPP SA.

LPP SA and PKO BP SA concluded 26 February 2015 an annex to the loan agreement (Multi-Purpose line) of 24 June 2005 (CR 7/2015).

 

CR 33 2015 – The master agreement

CR 32/2015 Revenues from sales generated by LPP SA Capital Group in July 2015

 

Revenues from sales generated by LPP SA Capital Group in July 2015

 

Current report no.: 32/2015

Date: 03.08.2015

 

 

The Management Board of LPP SA hereby informs that consolidated revenues from sales of LPP SA Capital Group generated in July 2015 totalled about PLN 442 million and were higher about 6% in comparison with the revenues generated in July 2014.

Estimated gross margin on sales would be 46% and was lower to gross margin on sales achieved in July in the previous year about 5 percentage point.

In the period between January and July 2015 consolidated revenues from sales totalled PLN 2 736 million and were higher about 7% as compared with the revenues generated in the corresponding period in the previous year.

The commercial space of stores was about 776 thousand square meters at the end of July 2015, and was about 15% higher as compared with the commercial space of stores at the end of July 2014.

 

CR 32 2015 – Revenues from sales generated by LPP SA Capital Group in July 2015