The Management Board of LC Corp S.A. reports that on June 18th 2007 r. LC Corp S.A. and LC Corp B.V. (Shareholder Selling the Issuer’s existing shares under the Offer), with the approval of UniCredit CA IB Polska S.A., performing in the Offering the role of Underwriter.
The Management Board of LC Corp S.A. reports that on June 18th 2007 LC Corp S.A. and LC Corp B.V. (Shareholder Selling the existing Issuer’s shares under the Offering), in consultation with UniCredit CA IB Polska S.A., performing in the Offering the role of Underwriter as well as Lead Manager and Book Runner, determined the price of Shares Offered (which applies to both New Shares and Shares for Sale) under the Offering at the level of PLN 6.50 (say: six zloty, 50/100).
The Company and the Selling Shareholder, in consultation with the Lead Manager of the Offering also decided that the final number of Offered Shares would total 163,000,000 Shares (including 57,000,000 New Shares and 106,000,000 existing Shares), and that the Offered Shares would be offered in the following manner: 20% of Offered Shares would be offered to Retail Investors under the Retail Tranche, whereas the remaining Offered Shares would be offered to Institutional Investors, under the Institutional Tranche.
The Offering will be conducted on the basis of the Prospectus approved by the Polish Financial Supervision Authority on June 6th 2007, including Annex No. 1 to the Prospectus, approved on June 15th 2007, which were published in an electronic form on the Issuer’s website: develia.pl and on the website of the Warsaw Stock Exchange: www.gpw.pl.
This announcement is published pursuant to the provisions of the Prospectus on public disclosure of the information on the Price of Offered Shares and the final number of Shares Offered in the Retail Tranche and in the Institutional Tranche. All capitalised terms used in this announcement have the meaning defined for them in the Prospectus.