Legal basis: Article 70(1) of Act on Public Offering – acquisition or disposal of large block of shares
The Management Board of LC Corp S.A. (“the Issuer”) informs that pursuant to Article 69(1)(1) of the Act on Public Offering and Conditions for Introducing Financial Instruments into Organised Trading and on Public Companies of 29 July 2005 (“the Act”) it received on 07/03/2019 from MetLife Powszechne Towarzystwo Emerytalne S.A., with its registered office in Warsaw, acting on behalf of MetLife Otwarty Fundusz Emerytalny (“MetLife OFE”), a notice stating that MetLife OFE increased their shareholding in the Issuer so that the five-per-cent threshold of total vote at the Issuer’s General Meeting of Shareholders was exceeded.
The share in the total number of votes at LC Corp S.A. was increased as a result of a transaction settled on 27/02/2019, consisting in the purchase of the Issuer’s shares by MetLife OFE.
The MetLife OFE’s shareholding prior to the said transaction amounted to 19,528,295 shares, and accounted for 4.36 per cent of votes at the Issuer’s General Meeting of Shareholders and represented 4.36-per-cent interest in the Issuer’s share capital.
The MetLife OFE’s shareholding after the aforesaid transaction is 34,528,295 shares, and accounts for 7.71 per cent of votes at the Issuer’s General Meeting of Shareholders and represents 7.71-per-cent interest in the Issuer’s share capital.