Source: https://www.polandstockexchange.com/companies-news/announcement/rotopino.pl/765697
Timestamp: 2019-03-18 22:54:16
Document Index: 222699207

Matched Legal Cases: ['art. 82', 'Art. 79', 'art. 82', 'art. 82', 'art 87', 'art. 79', 'art. 79', 'art. 82', 'art. 87', 'art. 82', 'art. 87', 'art. 82', '§ 6', 'art. 82']

ROTOPINO.PL SA (20/2018) Announcement of the intention to purchase shares by way of forced buyout - Warsaw Stock Exchange
ROTOPINO.PL SA (20/2018) Announcement of the intention to purchase shares by way of forced buyout
The Management Board of Rotopino.pl (hereinafter "Issuer") informs that on 13 December 2018, the Issuer's shareholder - TIM S.A, acting through the intermediary of Dom Maklerski Banku Handlowego in accordance with art. 82 par. 1 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies (hereinafter the "Offer Act"), announced a mandatory buyout of the Issuer's shares held by all other shareholders (hereinafter "Minority Shareholders") .
The entity purchasing all shares subject to compulsory purchase will be exclusively TIM S.A.
The subject of compulsory purchase are all shares of Minority Shareholders ("Redeemed Shares"), ie 87,249 (in words: eighty-seven thousand two hundred and forty-nine) ordinary bearer shares with a nominal value of PLN 0.10 (say: ten groszy) each, entitling their holders jointly to exercise 0.87% of the total number of votes at the general meeting of the Issuer. The purchased shares are dematerialized and registered in the National Depository of Securities S.A. under ISIN PLMRKTC00010. The shares are traded on the NewConnect market - an alternative trading system operated by the Warsaw Stock Exchange SA.
The redemption day was established on December 18, 2018, and the redemption price of one Redeemable Share is PLN 3.30 (say: three zlotys and thirty groszy) and meets the conditions set out in Art. 79 paragraph 1-3 in conjunction from art. 82 par. 2 of the Act on the offer. On the day of purchase, the Minority Shareholders covered by the buyout will be deprived of the rights from the shares, which will be effected by recording these shares on the Issuer's securities account. Detailed conditions of compulsory buy-out have been included in "INFORMATION ABOUT INTENTING TO PURCHASE THROUGH THE ROTOPINO.PL SPÓŁKA AKCYJNA AKCYJNA AKIIJOWE AKTYJNY SPÓŁKA SPÓŁKA AKCYJNA WITH ITS REGISTERED OFFICE IN BYDGOSZCZ ON THE ROAD OF FORCE FORMATION" prepared in accordance with the requirements specified in the Regulation of the Minister of Finance of November 14, 2005 in the matter of acquiring shares of a public company by way of a mandatory buyout, constituting an attachment to this current report.
INFORMATION ABOUT INTENTING THE ACQUISITION OF A JOINT STOCK COMPANY
AKCJI SPÓŁKI ROTOPINO.PL SPÓŁKA AKCYJNA WITH ITS REGISTERED OFFICE IN BYDGOSZCZ
ON THE WAY OF FORCED FORMULA
1. The content of the request, with an indication of its legal basis.
As a result of the conclusion on September 18, 2018 of the purchase of 2,499,111 shares in Rotopino.pl
SA with its registered office in Bydgoszcz, at ul. Towarowa 36, ​​85 -746 Bydgoszcz, entered in the register
entrepreneurs by the District Court in Bydgoszcz, XIII Commercial Division of the National Court Register, under
number KRS 0000 300709 ("Company"), TIM SA with its registered office in Wrocław, at ul. insurgents
Sl. 2 -4, 53 -333 Wrocław, entered into the Register of Entrepreneurs by the District Court for
Wrocław -Fabryczna, VI. He saw the business of the National Court Register under the number 00000 22407 ("the Claimant
Sales) increased its interest in the share capital of Rotopino.pl SA from 74.1 1%
up to 99.1 0%. The settlement of the transaction referred to above took place on 20 September 2018.
Currently, TIM SA holds 9 912 751 shares of the Company, which constitutes a share of 99.13% in capital
company's share in the total number of votes at the General Meeting of the Company ("General
Accumulation ").
The remaining shareholders of the Company ("Minority Shareholders") hold a total of 87,249
(eighty-seven thousand two hundred and forty-nine) shares of the Company, which represent 0.87%
(eighty seven hundredth percent) of the share capital and entitle to exercise
87 249 (eighty-seven thousand two hundred and forty-nine votes), answering
0.87% (eighty-seven hundredth percent) of the total number of votes at the General Meeting
("Actions").
In relation to the above, I am a Selling Seller, holding 9 912 751 (nine million
nine hundred and twelve thousand seven hundred and fifty-one) shares of the Company, which is a share in
99.13% in the total number of votes at the General Meeting (see point 10 of this
dokume ntu), he hereby demands that Minority Shareholders sell all of them
This demand for the sale of Shares ("Compulsory Buyout") is announced on the basis of art. 82
paragraph. 1 of the Act of 29 July 2005 on public offer and entry conditions
financial instruments to an organized trading system and on public companies
(consolidated text, Journal of Laws of 2018, item 512) ("Act on Offerings") and the Regulation of the Minister
Of Finance of November 14, 2005 regarding the purchase of shares of a public company en route
compulsory purchase (Journal of Laws No. 229, item 1948) ("Regulation"), i.e.
demands by a shareholder of a public company that together with its subsidiaries or
to him and the parties that are parties to the agreement in question
in art 87 par. 1 point 5 of the Act on Public Offering, it has reached or exceeded 90% of the total number of votes in this
the company, selling all shares held by the remaining shareholders
2. Name and surname or company (name), place of residence (registered office) and address
requesting a sale.
Company (name): TIM Spółka Akcyjna ("Requesting Sales")
Head office: Wrocław
Address: ul. Insurgents Śl. 2 -4, 53 -333 Wrocław
3. First and last name or fir has (name), place of residence (registered office) and address
The only entity purchasing the Shares is the Selling Shareholder.
Company (name): TIM Spółka Akcyjna
4. The company, registered office, address and telephone, fax and e-mail address
Company: Dom Maklerski Banku Handlowego SA ("Intermediary Body")
Address: ul. Senatorska 16, 00 -923 Warsaw
Phone: (+48 22) 690 39 44
Fax: (+48 22) 690 39 43
Website: www.dmbh.pl
5. Designation of shares subject to compulsory buy-out and their number and type, from
an indication of the number of votes at the general meeting to which one entitles
share of a given type, the amount of the company's share capital and its total number
There is 87,249 (eighty-seven thousand two hundred
forty-nine) ordinary bearer shares of the Company, which represent 0.87% (eighty
seven hundred percent) of the Company's share capital and entitle to 87 249 (eighty
seven thousand two hundred and forty-nine) votes at the General Meeting,
representing 0.87% (eighty-seven hundredth of a cent) of the total number of votes per
The shares are admitted and introduced to trading in the alternative trading system
organized by the Warsaw Stock Exchange ("New Connect"),
dematerialized, registered in the National Depository of Securities SA
("KDPW") and designated by the National Depository for Securities with the ISIN code: PLMRKTC00010.
One Action subject to this Forced Redemption corresponds to 1 (one) vote at the General
The Company's share capital is PLN 1,000,000 (one million) zlotys and is allocated to
10,000,000 (ten million) shares with a nominal value of PLN 0.10 (ten groszy) each.
6. Percentage of votes from shares subject to compulsory purchase and
the corresponding number of shares.
Information on the percentage of votes attached to the Shares subject to Compulsory Buyout and
the corresponding number of Shares is in item 5 of this Forced Document
7. Defining the proportions in which the shares will be acquired by each entity -
if the shares are to be acquired by more than one entity.
8. The buy-out price, determined separately for each type of the same
rights to vote - if the shares are subject to compulsory buyout
they differ in terms of the number of votes at the general meeting, to which
entitles and shares of a given type.
The redemption price is PLN 3.30 (in words: three zlotys and thirty groszy) for one Share ("Price
Redemption ").
All Shares subject to Compulsory Buyout entitle to the same number
9. The price, determined in accordance with art. 79 paragraph 1 -3 of the Public Offering Act, from which it can not be
lower buy-out price, determined separately for each of the types of shares with the same
authorizes the action of a given type, with an indication of the basis for determining this price.
The price offered for one Share is equal to the minimum price prescribed by law, a
in particular, it complies with the conditions foreseen in art. 79 paragraph 1-3 in connection with art. 82
paragraph. 2 of the Public Offering Act:
(i) The Redemption Price is not lower than the average market price for the 3 and 6 months
preceding the declaration of Forced Redemption:
 The arithmetic mean of the average volume-weighted daily price prices for the market
trading for a period of three months before the start of the Forced Buyback in mode
specific Article 82 par. 5 of the Public Offering Act is PLN 2.9642566.
 The arithmetic mean of average volume-based daily market prices
trading for a period of 6 months prior to the start of the Forced Buyback in mode
specific Article 82 par. 5 of the Public Offering Act is PLN 3,1237,072.
(ii) The Redemption Price is not lower than the highest price that the Customer has paid for one share of the Company
Sales in the last 12 months before the start of the Forced Redemption, which amounts to
PLN 2.94 (in words: two zloty ninety four grosz). Other subsidiaries of the demanding party,
entities that are in charge of the Requesting Sale, or entities that are parties to the contract concluded with
The demanding sale of the agreement referred to in art. 87 par. 1 point 5 of the Act on Public Offering, no
acquired shares of the Company in the period of 12 months prior to the start of the Compulsory Redemption in
the procedure specified in art. 82 par. 5 of the Public Offering Act.
10. Percentage of votes from shares and the corresponding number of shares
he owns the sales demand himself.
The demanding Sales currently has 9 912 751 (nine million nine hundred and twelve
thousand seven hundred fifty one) shares of the Company, representing 99.13% (ninety
nine percent and 13/100) of the Company's share capital entitling to exercise
9,912 751 (nine million nine hundred and twelve thousand seven hundred and fifty t one)
votes at the General Meeting, representing 99.13% (ninety-nine and
13/100 percent) of the total number of votes at the General Meeting.
11. Indication of subsidiaries of the demanding party or for him
dominant and entities that are parties to the agreement concluded with it,
referred to in art. 87 par. 1 point 5 of the Offer Act, and the type of connections
between these entities and the demanding seller - if you are requesting a sale
reached together with these entities the number of votes from the share entitling to
forced buyout.
12. Percentage of votes from shares and the corresponding number of shares it holds
each of the entities referred to in point 11.
13. Starting compulsory buy-back day.
Compulsory Buyout will start on December 13, 2018.
14. Redemption day.
The Redemption Date was established on December 18, 2018.
15. An instruction that the owners of dematerialized shares in accordance with the provisions of the Act
of 29 July 2005 on trading in financial instruments will be deprived of
its rights from shares by subscribing for shares subject to the redemption
compulsory purchase on the buyer's securities account.
In accordance with the Act of July 29, 2005 on trading in financial instruments on the Maturity Date
(ie December 18, 2018), Minority Shareholders will be deprived of the rights from the Shares, which
will take place by way of enrollment of the Shares subject to Compulsory Buyout on the invoice
Securities of Requested Sales.
16. Place and date of issuing shares subject to compulsory purchase by them
owners with instructions that they may be deprived of their rights from the shares
by invalidating the share document in the mode specified in the Regulation
Minister of Finance of November 14, 2005 regarding the purchase of shares in the company
public by way of compulsory purchase - in the case of actions in the form
Not applicable - Compulsory Redemption does not include actions in the form of a document.
17. Place, date and method of payment for the shares purchased.
The payment of the Redemption Price for the Shares will take place on the Redemption Date specified in point 14 of this
of the Forced Buyback (ie December 18, 2018) by transferring to bills
each of the Minority Shareholders of the relevant amounts, each time
the product of the number of shares held (recorded on the securities account or in
register of the issue sponsor) by a given Shareholder for a Minority and Redemption Price
specified in item 8 of this Forced Buyback Order, ie PLN 3.30 (three zlotys)
thirty cents) for one Action.
The payment for the Shares will be made in accordance with applicable law, including
appropriate KDPW regulations.
18. A note about the submission of authenticated copies to the intermediary
deposit certificates or share documents or certificates issued on
proof of submitting shares to a notary, a bank or an investment firm,
confirming the achievement of the number of votes from the share entitling to
The Selling Shareholder owns 9 912 751 shares of the Company, of which 7 062 751 shares (seven
million sixty two thousand seven hundred fifty one) are actions
dematerialized, ordinary bearer, admitted to trading on New Connect and
they are marked with the ISIN code: PLMRKTC00010, registered in the National Depository of Securities
Valuable and recorded on the securities account kept by the Entity
Intermediary. The Intermediary Body issued, in accordance with the request of the Seller, and
he accepted a deposit certificate for 7 062 751 (seven million)
sixty two thousand seven hundred and fifty one) shares of the Company. Other shares in the number
2,850,000 (two million eight hundred and fifty thousand) are material, ordinary shares
bearer shares, in the form of series C shares with the numbers 7 150 001 -10 000 000
("Non-materialized shares"). The Selling Shareholder submitted Non-Transferred Shares to
deposit maintained by an Intermediary.
19. A note about the establishment of the collateral referred to in art. 82 par. 4 acts,
for a period not less than until the end of the payment date, with the indication of c
the payment will be made using this security in accordance with § 6 para. 2.
The required security referred to in art. 82 par. 4 of the Public Offering Act, it has been
established by the Requesting Sale in the form of a blockage of cash on the account
with money from the Requesting Sale conducted by the Intermediate Bodies.
Total amount of the above-mentioned collateral on the day of the Compulsory Invitation
The buyout is not lower than 100% of the value of all purchased Shares being subject
Forced Redemption, calculated for the Redemption Price specified in item 8 of this
Forced Redemption Document.
In connection with the above, the payment of the Redemption Price as part of the P rump Buyout will take place from
using the security provided.
Company name: Rotopino.pl SA
Adress: ul. Towarowa 36 85-746 Bydgoszcz
Phone: +48 52 3654142
website: www.rotopino.pl