The Management Board of CPD S.A. (hereinafter the “Company” or “Issuer”) informs that today the Company received the decision of the District Court for the Capital City of Warsaw diin Warsaw, 13th Commercial Division of the National Court Register issued on 25 January 2019 on registration by the court of amendments to the Issuer’s Articles of Association in connection with the contents of resolutions adopted by the Extraordinary General Meeting of the Company on September 14, 2018 (disclosed by the Company to the public in current report No. 35/2018 of September 14, 2019), including the following amendments to the Issuer’s Articles of Association:
1..Changes in relation to the content of resolution No. 5 of the Extraordinary General Meeting of the Company of September 14, 2018 on decreasing equity of CPD S.A. and amending the Company Statute:
a. par. 4.1 of the Company Statute was amended as follows:
„1. The Company’s equity shall amount to zł 2,637,113.10 (two million six hundred thirty seven thousand one hundred thirteen zlotys ten groszys) and shall be divided into 26,371,131 (twenty six million three hundred seventy one thousand one hundred thirty one zlotys) stocks of AA series of nominal value zł 0.10 (ten groszys) each.”
b. par. 4d of the Company Statute was deleted.
2. Changes in relation to the content of resolution No. 6 of the Extraordinary General Meeting of the Company of September 14, 2018 on amending the Company Statute:
a. par. 10.5 of the Company Statute was amended as follows:
„5. Since acquisition by the Company of the status of a public company, competence of the Supervisory Board shall include granting consent to execution by the Company of any significant agreement with any stockholder holding of at least 5% of total number of votes in the Company or with any affiliate within the meaning of international accounting standards adopted under the regulation (EC) no. 1606/2002 of the European Parliament and of the Council of 19 July 2002 on the application of international accounting standards. No consent shall be required for typical transactions performed on arm’s length basis within the framework of operating activity carried on by the Company with entities in the Company’s capital group.”
b. par. 11.2.7) of the Company Statute was amended as follows:
„7) in the event of acquisition by the Company of the status of a listed company and as long as the Company remains listed – preparing and presenting to the Ordinary General Meeting: (i) evaluation of the Company’s situation with consideration of the evaluation of the internal inspection system, risk management, compliance and internal audit function; (ii) report on the Supervisory Board’s activity; (iii) evaluation of fulfilment of the Company’s information requirements concerning application of the corporate governance rules; (iv) evaluation of rationality of the Company’s sponsoring and charity policy; (v) examination of and opinion on any issues to become subject matters of resolutions of the General Meeting;”
c. the current content of the par.11.3, par.11.4, par. 11.5 and par. 11.6 of the Company Statute has been deleted, and par. 11.3, 11.4 was amended as follows:
„3. The Supervisory Board shall appoint the Audit Committee if provisions of law impose such an obligation thereon.
4. If stocks of the Company are traded on a regulated market, the Supervisory Board may adopt a resolution on appointment of the Audit Committee even without such a statutory obligation.”
d. par. 12.2 of the Company Statute was amended as follows:„
2. The Independent Members shall fulfil the independence criteria provided in: (i) Attachment II to the Recommendation of the European Commission of 15 February 2005 on the role of non-executive or supervisory directors of listed companies and on the committees of the (supervisory) board; (ii) the guidelines included in the document „Best Practice of Companies Listed at GPW 2016”; or (iii) other regulations concerning independence criteria required from independent members of supervisory boards of public companies, in force on the day of appointment of the Independent Member.”
e. par. 12.3 and 12.4 of the Company Statute are deleted and the existing par. 12.5 of the Company Statute shall be renumbered as par 12.3 of the Company Statute.
The above amendments to the Statute became effective from the date of their registration in the register of entrepreneurs, which took place on January 25, 2019.
The Management Board of the Company informs that in connection with the content of Resolution No. 4 of September 14, 2018, the Extraordinary General Meeting of the Company regarding the redemption own stocks redeemed a total of 12,982,892 (in words: twelve million nine hundred and eighty two thousand eight hundred and ninety two) own shares marked with ISIN code PLCELPD00013 entitling to exercise 12.982.892 votes (in words: twelve million nine hundred and eighty two thousand eight hundred ninety two).
At the same time, due to the change of par. 4. 1 of the Company’s Statute, the definition of a series of shares in the Company was changed to simplify their naming in such a way that all shares of the Company received a uniform designation as the “AA” series.
In connection with the above, the Company’s share capital amounts to PLN 2,637,113.10 (in words: two million six hundred and thirty seven thousand three hundred twenty zlotys and thirty groszys) and is divided into 26,371,131 (twenty six million three hundred seventy one thousand one hundred and thirty one) stocks of AA series of nominal value zł 0.10 (ten groszys) each, which entitle to 26.371.131 votes.
In connection with the Issuer’s preparation of a consolidated text taking into consideration the above changes, we hereby present the consolidated text of the Statute in its current wording:
Consolidated text of AoA CPD S.A.
Legal basis:
Par 5. 1 point. 19 Regulation of the Minister of Finance of 29 March, 2018 on current and periodic information published by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-Member State.
Signatures of the persons entitled to representation:
Elżbieta Wiczkowska, President of the Management Board, 8th February 2019
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