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GLOBE TRADE CENTRE S.A. - Notification of changes in the shareholding of Globe Trade Centre S.A

Release Date: 20/12/2019 17:18
Code(s): GTC     PDF:  
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Notification of changes in the shareholding of Globe Trade Centre S.A

GLOBE TRADE CENTRE S.A.
(Incorporated and registered in Poland with KRS No. 61500)
(Share code on the WSE: GTC.S.A)
(Share code on the JSE: GTC ISIN: PLGTC0000037)
(“GTC” or “the Company”)


Current report No.: 18/2019

Date: 20 December 2019

Subject: Notification of changes in the shareholding of Globe Trade Centre S.A. received from
Powszechne Towarzystwo Emerytalne PZU S.A. acting on behalf of Otwarty Fundusz
Emerytalny PZU „Zlota Jesien”

The Management Board of Globe Trade Center S.A. ("Company") hereby informs that on 20 December
2019, it received a notification from Powszechne Towarzystwo Emerytalne PZU SA (PTE PZU S.A.)
acting on behalf of Otwarty Fundusz Emerytalny PZU "Zlota Jesien" (OFE PZU) stating that on 19
December 2019 the share of OFE PZU in the total number of votes in the Company has decreased and
fallen below the 10% threshold of the total number of votes . The change was due to settlement of the
sale transaction of 5 500 shares of the Company (ISIN PLGTC0000037), concluded on 17 December
2019 on the Warsaw Stock Exchange.

The number of shares and votes held in the Company before and after the sale transaction is presented
in the following table:

                      Number of shares      Percentage share     Number of votes      Percentage shareF
                      held                  in capital           held                 in number of
                                                                                      votes held
 Before the           48 560 669            10.0011%             48 560 669           10.0011%
 transaction
 After the            48 555 169            9.9999%              48 555 169           9.9999%
 transaction

OFE PZU has also notified that:

    •   It does not have subsidiaries which hold shares in the Company,
    •   A situation referred to Article 69 section 4 point 6 of the Polish Act on Public Offering, the
        Conditions Governing the Introduction of Financial Instruments to Organised Trading, and on
        Public Companies of 29 July 2005 does not take place,
    •   It does not hold financial instruments referred to Article 69b section 1 point 1 and 2 of the act
        mention above.

Additionally, the management board of the Company informes that due to the above mentioned, on 20
December 2019, i.e. on the date of receipt of the Notification, the mandate of Ryszard Koper as a
Supervisory Board expired pursuant to Article 9 point 2 of the Company’s Articles of Association.



A legal basis: § 70 point 1 of the Polish Act on Public Offering, the Conditions Governing the Introduction
of Financial Instruments to Organised Trading, and on Public Companies of 29 July 2005 and § 5 point
4 of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic disclosures by
issuers of securities and the conditions for recognising as equivalent the information that is required by
the laws of a non-member state.
/s/ Thomas Kurzmann                 /s/ Erez Boniel

President of the Management Board   Member of the Management Board

Warsaw, Poland
Sponsor: Investec Bank Limited

Date: 20-12-2019 05:18:00
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