CR 23/2014 Disposal of treasury shares by LPP SA

Disposal of treasury shares by LPP SA

Current report no.: 23/2014
Date: 22.08.2014

 
The Management Board of LPP SA announces that on August 22, 2014 LPP SA sold a total of 2,420 ordinary shares of LPP SA to six eligible persons. The sale took place within the framework of the implementation of the incentive scheme adopted by Resolution No. 24 of the AGM of June 14, 2013 through the conclusion of sales contracts with the eligible persons. The unit price of the shares amounted to PLN 2 and was equal to the nominal price. The nominal value of the transaction amounts to PLN 4,840 which represents 0.13% of the share capital of LPP S.A. The shares carry 2,420 votes at the AGM. After the transaction LPP S.A. holds 18,978 treasury shares which carry 18,978 votes at the AGM.