Legal basis: Art. 70.1 of the Act on Public Offering - acquisition or disposal of a significant block of shares
The Management Board of LC Corp S.A. (the “Issuer”) informs that on 20 September 2017 it received a notification, pursuant to Art. 69.1.1 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (the “Act”), from Powszechne Towarzystwo Emerytalne PZU S.A. acting on behalf of Otwarty Fundusz Emerytalny PZU „Złota Jesień” (hereinafter: "OFE PZU"), that as a result of the acquisition of 685,000 (six hundred eighty five thousand) Issuer’s shares (ISIN PLLCCRP00017) on the Warsaw Stock Exchange on 28 September 2017, and after its settlement on 2 October 2017, OFE PZU currently holds more than 15% in the total number of votes.
Before the transaction OFE PZU held 66,523,706 Issuer’s shares, which constituted 14.86% stake in the Issuer’s share capital and entitled to 66,523,706 votes, i.e. 14.86% of the total number of votes.
After the transaction OFE PZU, as at 2 October 2017, holds 67,208,706 Issuer’s shares, which constitute 15.02% stake in the Issuer’s share capital and entitle to 67,208,706 votes, i.e. 15.02% of the total number of votes.
In addition, OFE PZU has informed that:
- It has no subsidiaries that hold the Issuer’s shares,
- The situation referred to in Art. 69.4.6 of the Act does not exist,
- It has no financial instruments referred to in Art. 69b.1.1 and 2 of the Act.