Contact

RB-22-2011 BZ WBK Towarzystwo Funduszy Inwestycyjnych S.A. Decreases Its Share of Total Number of Votes at the Comarch S.A. General Shareholders’ Meeting

RB-22-2011 BZ WBK Towarzystwo Funduszy Inwestycyjnych S.A. Decreases Its Share of Total Number of Votes at the Comarch S.A. General Shareholders’ Meeting

  • Published

Pursuant to Art. 70, sec. 1 of the Act concerning public tenders, the terms for introducing and trading financial instruments on the stock exchange, as well as public companies (Journal of Laws No. 184, pos. 1539 and subsequent changes), the Management Board of Comarch S.A. hereby presents the following information, regarding a decrease in BZ WBK TFI S.A.’s share of the total number of votes at the General Shareholders’ Meeting of Comarch S.A.:

“Pursuant to Art. 69, sec 1, pt 2 and Art. 69, sec 2, pt 1a) in relation to art. 87, sec. 1, pt 2a) of the Act dated the 29th of July, 2005, concerning public tenders, the terms for introducing and trading financial instruments on the stock exchange, as well as public companies (Journal of Laws No. 184, pos. 1539 and subsequent changes), BZ WBK Towarzystwo Funduszy Inwestycyjnych S.A. (“Investment Funds”), on behalf of Arka BZ WBK Open Investment Fund (hereinafter referred to as the “Fund” ) states that, as a result of the sales of the shares on the 7th of October, 2011, the Fund holds less than a 5 % share of the total number of votes at Comarch S.A.’s General Shareholders’ Meeting.
Between 6th and 7th of October, 2011, the other funds managed by Towarzystwo held no Comarch SA shares.

Prior to the above-mentioned share decrease, the Fund held 764,563 of the company’s shares, which constituted 9.5 % of the company’s share capital. This gave 764,563 or a 5.08 % share of the total votes at Comarch S.A.'s General Shareholders’ Meeting.  

On the 7th of October, 2011, the Fund held 745,313 Comarch S.A. shares which constituted 9.26 % of the company's share capital. This gave 745,313 or a 4.95 % share of the total votes at Comarch S.A.'s General Shareholders’ Meeting.

At the same time, Towarzystwo stated that pursuant to art. 46, sec. 1, pt 1) of the Act on investment funds dated the 27th of May, 2004 (Journal of Laws No. 146, pos. 1546, and subsequent changes), it authorized BZ WBK Asset Management S.A. to manage investment portfolioes of investment funds. In relation to this authorization, BZ WBK Asset Management S.A. is also obliged to inform of any above-mentioned purchases.”