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

Notification of a change 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 number: 15/2020

Date: 25 June 2020

Subject: Notification of a change in the shareholding of Globe Trade Centre S.A.

In reference to the current report no. 13/2020 dated 23 June 2020, the Management Board of Globe
Trade Centre S.A. (“Company”) hereby reports that on 25 June 2020 it received from GTC HOLDING
ZÁRTKÖR?EN M?KÖD? RÉSZVÉNYTÁRSASÁG (“GTC Holding Zmr”) registered in Budapest,
Hungary, a notification issued pursuant to Article 69a section 1 item 3 in conjunction with Article 87
section 5 item 1 of the Act of 29 July 2005 on Public Offering, the Conditions Governing the Introduction
of Financial Instruments to Organised Trading, and on Public Companies.

According to the notification as a result of the acquisition on 23 June 2020 from LSREF III GTC
INVESTMENTS B.V. with its registered office in Amsterdam, the Netherlands of 100% of shares of GTC
Dutch Holdings B.V. (the “Majority Shareholder“), which holds 298,575,091 shares in the Company,
entitling to 298,575,091 votes at the shareholders meeting of the Company, representing 61.49% of the
shares in the share capital of the Company and carrying the right to 61.49% of the total number of votes
at the shareholders meeting of the Company, GTC Holding Zmr indirectly reached 64.49% of the total
number of votes at the shareholders meeting of the Company and as such exceeded the threshold of
50% of the total number of votes at the shareholders meeting of the Company.

Before the abovementioned acquisition, GTC Holding Zmr has not held directly or indirectly any shares
of the Company.

After the abovementioned acquisition, GTC Holding Zmr (i.e. through the Majority Shareholder) holds
indirectly 298,575,091 shares of the Company, entitling to 298,575,091 votes at the shareholders
meeting of the Company representing 61.49% of the shares in the share capital of the Company and
carrying the right to 61.49% of the total number of votes at the shareholders meeting of the Company.

GTC Holding Zmr does not hold directly any shares of the Company.



Legal grounds: Art. 70 point 1 of the Act of 29 July 2005 on Public Offering, the Conditions Governing
the Introduction of Financial Instruments to Organised Trading, and on Public Companies.


Signed by:


/s/ Erez Boniel                          /s/ Yovav Carmi
Member of the Management Board           Member of the Management Board

Warsaw, Poland
Sponsor: Investec Bank Limited

Date: 25-06-2020 04:15:00
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