Notification of a change of the share in the total number of votes in the Company

Report number 49/2018

Legal basis: Art. 70(1) of the Act on Public Offering – acquisition or disposal of a significant block of shares

The Management Board of LC Corp S.A. (the “Issuer” or the “Company”) informs that it received a notification, pursuant to Art. 69(1)(2) in connection with Art. 87(1)(2) of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (the “Act”), from ALTUS Towarzystwo Funduszy Inwestycyjnych S.A. (“Altus TFI S.A.”) that the funds managed by ALTUS TFI S.A. reduced their share below the 5% threshold in the total number of votes in the Company.

 

The reduction of the share below the 5% threshold in the total number of votes in the Company took place due to the settlement, made on 6 September 2018, of the sale of 2,754,673 shares of the Company on a regulated market.

 

Before the change of the share, the investment funds managed by ALTUS TFI S.A. held in total 23,861,925 shares of the Company, constituting 5.33% of the Company's share capital, entitling them to exercise 23,861,925 votes, which represented 5.33% in the total number of votes in the Company.

 

Following the change of the share, the investment funds managed by ALTUS TFI S.A. hold in total 21,107,252 shares of the Company, constituting 4.72% of the Company's share capital, entitling them to exercise 21,107,252 votes, which represents 4.72% in the total number of votes in the Company.

 

According to the notification, there are no subsidiaries of the shareholders making the notification that hold the shares of the Company, and there are no persons referred to in Art. 87(1)(3)(c) of the above-mentioned act with regard to the shareholders, and the notifying entity has no financial instruments referred to in Art. 69b(1)(1) and (2) of the Act.