Legal grounds:
Article 70 section 1 of the Act of 29 July 2005 on Public Offering and the Conditions for Introducing Financial Instruments to the Organised Trading System and on Public Companies
The report:
The Management Board of Powszechna Kasa Oszczędności Bank Polski S.A. („PKO BP S.A.” or „Company") hereby informs that the Company received a notification from the ING Otwarty Fundusz Emerytalny dated 27 July 2012 about increasing the stake of Company’s shares and exceeding the threshold 5 % of total number of votes in PKO BP S.A; the contents of the aforementioned notification is presented over below:
“Acting in accordance with Article 69 of the Act of 29 July 2005 on Public Offering and the Terms and Conditions for Introducing Financial Instruments to an Organized Trading System and on Public Companies (Journal of Laws of 2009 No. 185 Item 1439, as amended), we hereby inform you that as a result of a buy of shares in PKO BP S.A. (hereinafter referred to as the “Company”), cleared on 24 July 2012, ING Otwarty Fundusz Emerytalny (ING Open-End Pension Fund, hereinafter referred to as the “Fund”) increased its stake in the Company to a level above 5% of the votes at the General Meeting.
Before the buy, the Fund held 53 631 448 (fifty three million six hundred thirty one thousand four hundred forty eight) shares representing 4.29% of the Company’s share capital and was entitled to 53 631 448 (fifty three million six hundred thirty one thousand four hundred forty eight) votes at the General Meeting representing 4.29% of the total number of votes. On 27 July 2012, 64 594 448 (sixty four million five hundred ninety four thousand four hundred forty eight) shares of the Company’s stock representing 5.17% of the Company’s share capital were held in the Fund’s securities account. These shares give the right to 64 594 448 (sixty four million five hundred ninety four thousand four hundred forty eight) votes at the General Meeting representing 5.17% of the total number of votes.”
