14/2021 Announcement of call to register for the sale of CD S.A. shares

Management Board of CPD S.A. (hereinafter the “Company”) with its registered office in Warsaw hereby announces that on June 24, 2021, pursuant to Resolution No. 18 of the Ordinary General Meeting of the Company of June 24, 2021 on the purchase of the Company’s shares for redemption, i.e. amending Resolution No. 3 of the Extraordinary Of the General Meeting of CPD SA of February 28, 2019 on the acquisition of the Company’s shares for redemption, the Management Board adopted a resolution on the continuation of the process of acquiring own shares by the Company for redemption, on the basis of which it decided to purchase under a tender offer the maximum number of own shares covered by the authorization granted so far not exercised by the General Meeting and determined the purchase price of shares in the above-mentioned tender offer in the amount of PLN 19.71 per share.

In view of the above, today, i.e. on June 25, 2021, the Company, acting as the summoner, announced through Bank Pekao S.A. – Pekao Brokerage House with its seat in Warsaw and Pekao Investment Banking S.A. a call (“Tender Offer”) to subscribe for the sale of 8,705,110 (eight million seven hundred five thousand one hundred and ten) ordinary bearer series AA shares with a nominal value of PLN 0.10 (ten groszy) each share, corresponding to 33.01% of shares in the share capital of the Company and entitling to 33.01% of votes at the General Meeting of the Company (“Shares”) traded on the stock exchange. The tender offer was announced on the basis of 73 sec. 1 of the Act of July 29, 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies (i.e. Journal of Laws of 2020, item 2080, as amended). The entity purchasing the Shares under the Tender Offer will be the Company, and the Shares will be acquired for redemption pursuant to Art. 362 § 1 point 5) of the Commercial Companies Code

As a result of the Tender Offer, the Company intends – together with its own shares already held – to hold 17,404,946 (seventeen million four hundred four thousand nine hundred forty six) shares corresponding to 66% of the share capital of the Company and entitling to 66% of votes at the General Meeting of the Company.

The price at which the Company will acquire the shares specified in the Tender Offer is PLN 19.71 per share.

The full text of the Tender Offer is attached to this current report.

2021 06 25 Buyback call for CPD shares

 

Legal basis:

Art. 17 sec. 1 of MAR – confidential information

 

Signatures:

Elżbieta Wiczkowska, Board Member, 25 June 2021 r.

Iwona Makarewicz, Board Member, 25 June 2021 r.